Partnership Comp Prob Revenue for Cash - 110 Journal Entry to Record Cash Received for Work Done

in partnership •  6 years ago 

Partnership comprehensive problem journal entry to record cash received for work done will record the debits and credits for the financial transaction.
We will record the accounting journal entry in the general journal, post it to the general ledger, and create the trial balance from the general ledger.
We will debit cash and credit revenue. This is our favorite journal entry when we see both cash and revenue increase.
For more accounting information see accounting website.
http://accountinginstruction.info/

partnership comprehensive problem
6 years ago by

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