0
Add your answer:
Earn +20 pts
How do you enter rent received and rent receivable in accounts?
Journal Entry for Rent Received:[Debit] Rent Received[Credit] Cash/bankJournal entry for rent receivable[Debit] Accounts Receivable[Credit] Rent Receivable
What is the nature of account receivable?
Account receivable is an asset
What type of account is unearned rent?
Liability account.
What are average accounts receivable?
what is average account receivable
Is bills receivable real account?
Bills receivable is a real account. When acceptance is received, Bills receivable account is debited (debit what comes in). When the bill is discounted or returned to acceptor at the time of maturity, Bills receivable account is credited (credit what goes out).
How do you enter rent received and rent receivable in accounts?
Journal Entry for Rent Received:[Debit] Rent Received[Credit] Cash/bankJournal entry for rent receivable[Debit] Accounts Receivable[Credit] Rent Receivable
What is the nature of account receivable?
Account receivable is an asset
What type of account is unearned rent?
Liability account.
What are average accounts receivable?
what is average account receivable
Is bills receivable real account?
Bills receivable is a real account. When acceptance is received, Bills receivable account is debited (debit what comes in). When the bill is discounted or returned to acceptor at the time of maturity, Bills receivable account is credited (credit what goes out).
Question about accounts receivable and inventory?
account receivable and inventory
What is journal entry rent income accured?
[Debit] rent income receivable [Credit] rent income
Allowance for doubtful accounts is what type of account?
Asset Contra account to Accounts Receivable (Contra-Asset). Normal balance is credit.
What is account receivable based on?
Account Receivable financing is base on PDCs, sales invoice, delivery receipts.
What is commonly used to determine if you should give customers an Account receivable Account?
after a sale to an Account Receivable is miscreants is sent to the customer?
What is commonly used to determine if you should give customers account receivable account?
after a sale to an Account Receivable is miscreants is sent to the customer?
What is the difference between Receivable and account Receivable?
Account receivable are usually currant assets that arise from selling merchandise or providing services to customer on credit . Accounts receivable are also known as trade receivable . receivable is the term that refers to both trade receivable and non trade receivable . By Mr safiullah Zarif
