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How can you pass entry for cash payment?

Updated: 4/28/2022

Wiki User

∙ 11y ago

Best Answer

cash dr. to party.

Wiki User

∙ 11y ago

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How do you pass entry for payment received from debtors in journal as well as in payment?

debit cash / bankcredit accounts receivable

What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx

What is the journal entry to made a down payment of cash and issued note payable?

cash book

How do you pass journal entry for cash in hand?

Debit cash in handCredit bank

What journal entry is a down payment?

Debit down paymentCredit Cash

Related questions

How do you pass entry for payment received from debtors in journal as well as in payment?

debit cash / bankcredit accounts receivable

How do you rent payment pass the journal entry?

debit rent expensecredit cash / bank

What is journal entry for expense payment?

what is the entry for an excess payment from customer

What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx

What is the journal entry to made a down payment of cash and issued note payable?

cash book

How do you pass journal entry for cash in hand?

Debit cash in handCredit bank

What journal entry is a down payment?

Debit down paymentCredit Cash

What is the journal entry for prepaid expense when cash is not paid?

prepaid expenses are those expenses for which cash is paid in advance but if there is no cash payment then that is not prepaid expense and hence no entry required.

What is the Journal entry for purchase of asset by advance payment?

Debit advance payment for assetCredit cash / bank

Which journal entry records payment for supplies?

Debit supplies inventoryCredit cash / bank

How do you pass journal entry for cash sales?

Cash a/c Dr. To Sales a/c

Pass an entry depositing cash in hand?

cash a/c dr bank a/c

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