12 Nov Debit and Credit in Accounting Posted at 23:22h in Bookkeeping Share When Robert Johnson Pvt Ltd makes payment to its supplier, the accounts payable account gets debited. This is because Robert Johnson’s current... Read More
11 Nov Accounts Payable Debit or Credit normal balance Posted at 23:52h in Bookkeeping Share For example, when paying rent for your firm’s office each month, you would enter a credit in your liability account. The double-entry... Read More
