Write off expired inventory journal entry
Write off expired inventory journal entry Introduction In merchandising business, we may have some merchandising inventory that passes the expiration date and … Read more
Journal Entry to Write Off Security Deposit
Journal Entry to Write Off Security Deposit Company write-off security deposit when the rental contract comes to the end and security is … Read more
Purchase Goods on Credit Journal Entry
Purchase Goods on Credit Journal Entry Purchasing goods on credit is the transaction that a company purchases the goods from a supplier … Read more
Journal Entry for Prepaid Phone
Journal Entry for Prepaid Phone Prepaid phone is the service that customer paid for the service in advance and the phone company … Read more
Journal Entry for Missing Inventory
Journal Entry for Missing Inventory Missing inventory is the amount of inventory that goes missing from the warehouse and requires to write-off … Read more
Journal Entry for Credit Card Purchases
Journal Entry for Credit Card Purchases Credit card purchase is a transaction in which a company uses a credit card to pay … Read more
Journal Entry for Commercial Paper
Journal Entry for Commercial Paper Commercial paper is an unsecured short-term debt instrument issued by a corporation. Commercial paper is a promissory … Read more
Issued Common Stock for Cash Journal Entry
Issued Common Stock for Cash Journal Entry Issued common stock for cash is the process that company sells its ownership to the … Read more
Paid Expenses Journal Entry
Paid Expenses Journal Entry Paid for expense is the process the company making payment to the supplier for the expense that already … Read more
Journal Entry for Fees Earned
Journal Entry for Fees Earned Fee earned is the revenue that company makes after the completion of service for the customer but … Read more