General Journal : How to make Journal Entries
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8:26
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Jan 24 you made a wrong entry ??
MrSaloomxxx 4 days ago
Hello,
On jan 24, you made a wrong posting. Account payable is a liability and is always on credit,pls you can check it and let me know if is wrong or right. thanks
tundexcity 1 week ago
@mastanamahi1971
No my friend you are very much right, I was wating it in full screen and when i notice the mistack I start reading the comments on the video. you are right.
The3vincent 2 weeks ago
im not really knowledgeable in accounting but i agree to mastanamahi1971, some error on transaction jan 24. the correct entry should be debit cash and accounts receivable and credit service income...because the 5000 is receivable from customer in time... anyway it is a nice vid,
TheAlynde 3 months ago
Hi,
On Jan 24 you made a wrong entry. The normal balance for a account payable is always credit not the debit. You should have debited cash and account receivable.
Please, let me know if I'm not right .........;)
mastanamahi1971 3 months ago
plz access me the website too :D
if aint busy :)
and thanks for your teaching it is really very helpful
HarshitaKT 6 months ago
hey, will you help me to access that site too :).. Please.. :)
iamGlitzyGrace 7 months ago