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debit accounts receivable
credit services revenue

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Q: What is the journal entry for performing service on account?
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What is the journal entry for providing service on account?

debit accounts receivablecredit services revenue


What journal entry is needed to debit for bank service charges?

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When recording a journal entry for a sales account, ensure that the sales are strictly done on credit terms.


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What must a journal entry always include?

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What is the journal entry for a purchase purchased on account of 54780?

Purchase Credit Journal Entry is the journal entry passed by the company in the purchase journal of the date when the company purchases any inventory from the third party on the terms of credit. The purchases account will be debited. The creditor’s account or account payable account will be credited to the company’s books of accounts. visit our page : ieqsgroup .com/about-us


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