Journal Entry for Stolen Fixed Asset
Journal Entry for Stolen Fixed Assets Stolen fixed assets are the company fixed assets that are lost due to the thief. The … Read more
Journal Entry for Withholding Tax on Rental
Journal Entry for Withholding Tax on Rental Withholding tax on rental is the amount of cash that the company withholds from the … Read more
Paid Salary by Cheque Journal Entry
Paid Salary by Cheque Journal Entry Paid Salary by cheque is the business transaction the company issue the cheque to settle salary … Read more
Accrued interest income journal entry
Accrued interest income journal entry Introduction In accounting, an interest income is a type of income that is earned through the passage … Read more
Journal Entry for Rental Property
Journal Entry for Rental Property Rental Property is the company’s fixed assets that rent to the customer for additional income. The company … Read more
Journal Entry for Opening Bank Account
Journal Entry for Opening Bank Account Opening a bank account is the process that company creates a new account in the bank. … Read more
Paid Electricity Bill by Cheque Journal Entry
Paid Electricity Bill by Cheque Journal Entry Electricity is the most common expense that businesses need to spend on electricity usage. It will … Read more
Journal Entry for Distribution to Owner
Journal Entry for Distribution to Owner Owner distribution is the allocation of the company retained earnings to the owners. Distribution to the … Read more
Withdraw Goods for Personal Use Journal Entry
Withdraw Goods for Personal Use Journal Entry Withdraw goods for personal use happens when the company’s owner withdraws the inventory and use … Read more
How to record accrued rent income
How to record accrued rent income Introduction Accrued rent income is a rental income that we have earned from renting out the … Read more