Posts Tagged ‘account’
Are the Sales Discounts account and Cost of Merchandise Sold accounts total in the debit or credit colunmns?
In the general ledger, do these accounts have their totals in the debit column or the credit column? Thanks for any help!
LCCI Level 1 Q&A: Purchases Day Book Vs Purchases Account
Purchases Day Book VS Purchases Account
which of the following in not normally organized in financial statement account sequence? Journal general ledg?
which of the following in not normally organized in financial statement account sequence? Journal general ledger, trial balance, balance sheet
Can i debit and credit the same account in a general journal???????????
Can i Debit and credit the same account in a general journal?
I am doing an accounting project in school. We played Monopoly for 2 days and record all our transactions in General Journals, Ledgers etc. Anyway, in the game, i traded my property ( 180$ ) for someone elses property ( 220$ ) anyway, how would i record that? Would Credit my Property account 180$ and debit it 220$?
how do i put this in and account receivable subsudairy ledger and a general ledger?
If I had
a.thomas with 1160.00 A/r Dr. rental Revenue Cr.
s. peeples with 3,055.00 A/R Dr. Sales Cr.cost of goods 1448.60
j. still with 3165.00 A/R Dr. sales Cr. cost of goods 1378.75
H.holmes with 705.40 A/R Dr. Sales Cr.cost of goods 320.00
k.Gragg with 3240.00 A/R Dr. rental revenue Cr.
h. holmes with 274.80 A/R dr. Sales Cr. cost oof goods 110.65
p. davis with 1080.00 A/r Dr. Sales Cr. cost of goods 576.00
j. still with 634.60 A/R dr. Sales Cr. cost of goods 317.00
s.peeples with 618.25 A/R Dr. Sales Cr. cost of goods 237.80
s.peeples with 613.75 A/R Dr. Sales Cr. cost of goods 225.00
a. smith with 1980.00A/R Dr. Rental revenue Cr. 1980.00
The dates are from top to bottom
june 5
5
8
8
11
12
21
22
22
25
26
26 totals 10,146.80 A/R dr. sales cr. 6,380.00 A/r dr. rental revenue cr. 4,533.80 cost of goods sold dr./inventory cr.
Basic Accounting : About Financial Account Balances
A financial account balance reflects the amount of transactions that are flowing through an account at any given time. Learn about underlying general ledger accounts that reflect transactions going through with help from a certified public accountant in this free video on financial account balances. Expert: Miranda Chook Bio: Miranda Chook is a CPA with expertise in international operations. Filmmaker: Bing Hugh
Auto Creation of Product & Account Ledger
Proinfocus XpressAccounts 2010 Video Tutorials
Prepare budgetary entries using general ledger account anticipate revenue of 10 million expenditures 9.8 milli
Anticipate revenues of 9.8 million anticipated expenditures and encumbrances are 10 million
Creating GL account
How to Create G/L account in a SAP software from reference and from scratch as well