Journal Entry for Prepayment Received
Journal Entry for Prepayment Received In accounting, prepayment is defined as a payment made in advance of its due date. This can … Read more
Journal entry for cash invested in Business
Journal entry for cash invested in Business Cash investment is the transaction that owner increases the capital in the company to continue … Read more
Journal entry for issuing bonds
Journal entry for issuing bonds Introduction In business, we may issue bonds to obtain cash for financing our business operation or business … Read more
Cash Stolen Journal Entry
Cash Stolen Journal Entry Cash stolen is the event that company’s cash has been lost due to the robbery. It is the … Read more
Stationery Purchase Journal Entry
Stationery Purchase Journal Entry Stationery is the small office supplies that the employees use in the office. The company purchase stationery from … Read more
Traveling Expenses Journal Entry
Traveling Expenses Journal Entry Traveling expense is the expense that company pays for conducting the business operation far away from the normal … Read more
Cheque Received Journal Entry
Cheque Received Journal Entry A cheque is a document that orders a bank to pay a specific amount of money from a … Read more
Journal Entry for Sale of Old Machinery
Journal Entry for Sale of Old Machinery The company sells old machinery, which is no longer in use, to get some cash … Read more
Paid Electricity Bill Journal Entry
Paid Electricity Bill Journal Entry Paid electricity is the payment that company makes to the supplier regarding electricity consumption. The company operating … Read more
Acquisition of fixed asset journal entry
Acquisition of fixed asset journal entry Introduction In accounting, fixed assets that we acquire in order to use in our business operation … Read more