I am currently confused on how you got the numbers for the journal entry or what equations were used to find the total debit and credit amount
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- Will an accounts receivable balance increase with a debit or a credit entry? How do you know?This is an excersice in my accounting book. I don't understand how you would know if each account is a debit entry, credit entry, or both.How would you know if the withdraw account would be a debit entry, credit entry, or both?How do you know which account debits and credits go in? How do you log into the general journal? General ledger? How do you do the income statements and balance sheets?
- How do I write journal entries for these separate transactions? And which are debit/credit?Why did you select those customer accounts? also how to use a cell reference to enterthe answer for the 1st question? ( Whatis the dollar amount of total receivables? Use a cell reference to input your answer)I'm having a hard time generating the adjusting entries for these transactions. If you could please help me deterimine which account to debit and which to credit (and how much money for each one), that would be great! If you could also provide an explanation for each transaction and why each account is being debit/creditied, that would be great too. Thank you!
- Read the question and record the above Transactions with date,account titles and explanations, debit or credit. Ps: there is an exemple of how you should record the transactions.What are some tips for knowing when accounts are debited and when they are credited? I know that assets are increased with debits and decreased with credits (and liabilities are the opposite). However, I am having some trouble trying to figure out when accounts need to be debited and credited in the accounting problems.hello, where do payable accounts and notes, receivable accounts and cash go under t accounts after doing the journal entries of business logs
- Please help me I tried answering it but I cannot balance my debit and credit. Requirements are: trial balance, multi step and single step income statement.Asked this question before but the answer does not allow me to scroll and see the account titles and debit/credit. Only shows a grid.Hello. I need assistance comprehending when to debit an account and when to credit. How do you know when to debit and credit.
