Journal entry of Rent received . What is rent received? In accounting, “rent received” means that the revenue earned by […]
Opening entries In Accounting In Accounting Assets and Liabilities are transferred from one financial year to another financial years .
[metaslider id=”8889″] Business started with cash journal entry When business is started a capital is introduce in business which is
Provision for doubtful debts When an amount becomes irrecoverable from debtors the amount is debited to the Baddebts account and
When the stationary purchased during one accounting period is not used completely the remaining stationary need to be transferred to
What is a journal entry of expense and income in accounting? What is an expense in accounting? An expense in
What is a discount Received in accounting? When cash or cheque is paid to supplier discount is received from him.
What is the journal entry for cheque dishonoured? When a business received a cheque it debited its bank account and
How to make Journal entry for interest on drawing What is Drawing? When ower of the business withdrawal money from
Journal Entry of Loss or profit on Sale of Asset in Accounting Sometime business need to sale their Fixed