journal & adjusting entry for accruing interest
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debit interest expense, credit interest payable
journal entry for gain (sales price> book value)
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debit cash and accumulated depreciation, credit equipment and gain
What are liabilities broken up into?
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Current liabilities and long term liabilities
journal entry for payment date
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debit dividends payable, credit cash
journal entry for amortization of bond discount
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debit interest expense, credit discount and cash
adjusting entry for bad debt expense
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debit bad debt expense, credit allowance for doubtful accounts
bank error formula
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, error + x = correct amount ( just find the difference)
mortgage interest payment entry
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debit interest expense and notes payable, credit cash
journal entry for amortization of bond premium
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debit interest expense and premium, credit cash
depreciation expense per year formula
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cost-salvage value/useful life= depreciable cost/useful life
journal entry for shipping (using perpetual method)
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debit interest expense, credit interest payable
journal entry for gain (sales price> book value)
Give this one a try later!
debit cash and accumulated depreciation, credit equipment and gain
What are liabilities broken up into?
,Give this one a try later!
Current liabilities and long term liabilities
journal entry for payment date
Give this one a try later!
debit dividends payable, credit cash
journal entry for amortization of bond discount
Give this one a try later!
debit interest expense, credit discount and cash
adjusting entry for bad debt expense
Give this one a try later!
debit bad debt expense, credit allowance for doubtful accounts
bank error formula
Give this one a try later!
, error + x = correct amount ( just find the difference)
mortgage interest payment entry
Give this one a try later!
debit interest expense and notes payable, credit cash
journal entry for amortization of bond premium
Give this one a try later!
debit interest expense and premium, credit cash
depreciation expense per year formula
Give this one a try later!
cost-salvage value/useful life= depreciable cost/useful life
journal entry for shipping (using perpetual method)
Give this one a try later!
