Accrued and Deferred Income and Expenditure Journals

The accrued and deferred income and expenditure journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting of accrual and deferral transactions.

In each case the journal entries show the debit and credit account together with a brief narrative.

Accrued and Deferred Income and Expenditure Journals May 9th, 2017Team
Read more

Adjusting Entries Examples

The adjusting journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting of adjusting entry transactions.

In each case the journal entries show the debit and credit account together with a brief narrative.

Adjusting Entries Examples March 23rd, 2017Team
Read more

Internal Control Procedures for Accounts Receivable

Internal controls for accounts receivable are used to reduce the risk of fraud and error in the accounts receivable process. The purpose of the accounts receivable internal control checklist is to ensure that valid sales invoices are properly recorded and that customers pay promptly.

Internal Control Procedures for Accounts Receivable January 20th, 2017Team
Read more

Accounts Payable Internal Controls

Internal controls for accounts payable are used to reduce the risk of fraud and error in the accounts payable process. The purpose of the internal controls is to ensure that only valid supplier invoices are paid.

Accounts Payable Internal Controls January 17th, 2017Team
Read more

Purchase Transaction Journal Entries

The purchases transactions journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting of purchase transactions.

In each case the journal entries show the debit and credit account together with a brief narrative.

Purchase Transaction Journal Entries November 6th, 2016Team
Read more

Preferred Stock Journal Entries

The preferred stock journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting of preferred stock transactions.

In each case the journal entries show the debit and credit account together with a brief narrative.

Preferred Stock Journal Entries November 6th, 2016Team
Read more

Term Deposit Journal Entries

The term deposit journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting of fixed term deposits.

In each case the journal entries show the debit and credit account together with a brief narrative.

Term Deposit Journal Entries November 6th, 2016Team
Read more

Excel DB Function

The Excel DB function is one of many Excel financial functions, and can be used to calculate the declining balance depreciation of a long term asset. It has the syntax DB (cost, salvage, life, period, month).

Excel DB Function November 6th, 2016Team
Read more

Excel DDB Function

The Excel DDB function is one of many Excel financial functions, and can be used to calculate the declining balance depreciation of a long term asset. It has the syntax DDB (cost, salvage, life, period, factor).

By setting the factor parameter to either one or two, the function can be used to calculate either the declining balance depreciation or the double declining balance depreciation.

Excel DDB Function November 6th, 2016Team
Read more

Excel SLN Function

The Excel SLN function is one of many Excel financial functions, and can be used to calculate the straight line depreciation of a long term asset. It has the syntax SLN (cost, salvage, life).

Excel SLN Function November 6th, 2016Team
Read more

Bank Reconciliation Journal Entries

The bank reconciliation statement journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting relating to bank reconciliations.

In each case the bank reconciliation journal entries show the debit and credit account together with a brief narrative. For a fuller explanation of journal entries, view our examples section.

Bank Reconciliation Journal Entries November 6th, 2016Team
Read more

Partnership Journal Entries

The partnership journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting relating to partnership accounts.

Partnership Journal Entries June 16th, 2017Team
Read more

You May Also Like


Related pages


fixed asset register template freefully depreciatedhow to calculate pv of annuityhow do i calculate payback periodwhat are closing entriesaccruals and prepaymentunderstanding debits and credits for dummiespercentage complete formula excelcalculate current ratio accountingcash conversion costfob shipping point freight prepaidhow to calculate operating capitalinventory turnover ratiospredetermined factory overhead rateeffect on accounting equationcreditors collection period formulafob point meanstotal contribution margin at the break even pointhow to calculate accounts receivable turnoverdefine the accounting cyclelocom accountingfinance lease ifrs examplehow to calculate roce from balance sheetimprest formdeferred tax assets and liabilities examplesbills payable and bills receivable meaningprepaid insurance journal entry exampleamortization table generatorpresent value chart $1future value of growing annuitydividends payable journal entrydouble declining method formulaexamples of asset accountssuspense account is which type of accountdiminishing method of depreciationpetty cash slip templatepetty cash log excelarr accountingprintable ledger formsrevenue recognition journal entriesmargin calculation excelimplicit rate calculatortax expense journal entrycontra asset definitionmultiple step income statement formatmodified internal rate of return calculatorhow to calculate markup percentage formulaaccrued income journalpmt formula in excela chart of accounts for a merchandising businessconverting preference sharesdividend payable in balance sheetwhat is double declining depreciationaccrued revenues arebookkeeping spreadsheet template exceltreasury stock on balance sheet exampledividends declared balance sheetaccounting cycle examplessample statement of retained earningsprofitability ratios listprepaid insurance journal entry adjustmentsbasic p&l statementsummation formulas examplesdeclaring dividendshow to calculate periodic interest ratecoupon bond formulafinancial tables present and future value tablesirrecoverable debts and allowances for receivablesfob on invoicefv pmt calculatorjournal entry for prepaid rent received