Accounting Journal Entries PDF

To record depreciation - Debit Depreciation Expense - Credit Accumulated Depreciation To record gain on disposal - Debit Cash (A) - Debit Accumulated Depreciation (XA) - Credit Long-term asset account (A) - Credit Gain on Disposal (NOI) To record loss on disposal - DR....

To record depreciation - Debit Depreciation Expense - Credit Accumulated Depreciation To record gain on disposal - Debit Cash (A) - Debit Accumulated Depreciation (XA) - Credit Long-term asset account (A) - Credit Gain on Disposal (NOI) To record loss on disposal - DR. Cash (A) - DR. Loss on Asset Disposal (NOE) - DR. Accumulated Depreciation (XA) - CR. Long-term Asset Account (A) To record sale on account - DR. Accounts Receivable (A) - CR. Revenue (R) To set up a AFDA - DR. Bad Debt Expense (E) - CR. Allowance for Doubtful Accounts (XA) To decrease AFDA - DR. Allowance for Doubtful Accounts (XA) - CR. Bad Debt Expense (E) To write off uncollectible accounts - DR. Allowance for Doubtful Account (XA) - CR. Accounts Receivable (A) Payment made early by customer - DR. Cash (A) - CR. Unearned Revenue (L) Service performed after customer paid early - DR. Unearned Revenue (L) - CR. Revenue (R) To record bankrupt account - DR. Bad Debt Expense (E) - CR. Allowance for Doubtful Accounts (XA) - DR. Allowance for Doubtful Accounts (XA) - CR. Accounts Receivable (A) To record principal payment of long term loan - DR. Long-term loan (L) - CR. Cash (A) To record interest payments of long term loan - DR. Interest Expense (E) - CR. Cash (A) To record salaries - DR. Salaries Payable (L) - CR. Cash (A) To recognize salaries that employees have earned but have not yet been paid - DR. Salaries Expense (E) - CR. Salaries Payable (L)