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QuickBooks Tips & Tricks RECORDING EMPLOYEE ADVANCES

Detailed directions on how to record an employee advance. Two examples are shown. 1.) The Company purchases something for the employee and the ...

VENDOR CASH ADVANCE FBCJ

VENDOR CASH ADVANCE THROUGH FBCJ.

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Unearned Revenue Journal Entry | Double Entry Bookkeeping

Unearned revenue journal entry: A business invoices in advance for annual fees and as the service is yet to be provided, records this as unearned revenue.

Adjusting Journal Entry - Investopedia

What is an 'Adjusting Journal Entry' An adjusting journal entry is an entry in financial reporting that occurs at the end of a reporting period to record any unrecognized income or expenses for ...

Journal Entry For Inventory Transactions | Accounting ...

The major objectives of accounting for inventories are the matching of appropriate costs against revenues in order to arrive at the proper determination of periodic income, and the accurate representation of inventories on hand as assets of the reporting entity as of the date of the statement of financial position.

Journal Entry for Correction Of Errors and Counterbalancing

On the “Accounting Changes” topic I have revealed the Change in accounting prinsiples and Changes in accounting estimates and reporting entity. On this post you learn about journal entry for correction of errors and counterbalancing with a comprehensive case examples. Some erroneous entries may not need correction journal entries for they have been counterbalanced, but in many case […]

Double Entry Bookkeeping | Double Entry Bookkeeping

Double Entry Bookkeeping provides a wide variety of tutorials, examples, references, and no-nonsense advice on bookkeeping and accounting. It aims to answer all those questions you’ve always wanted to ask . . . and some you didn’t know you needed to.