ch 15 teses

Can someone please help me how to this question. Page 615 #memo 11 . What type of journal would this be? please help 

Parents
  • 0

    Hi maya, 

    Thanks for reaching out. Don't have access to the data you have but came across this KB 65953 on How to record a cash advance from a credit card which seems to apply here if trying to record a cash advance from owner's credit card to the business's chequing account.

    This Sage City post, suggests to "Debit the bank, Credit the credit card liability" account.

    Warm Regards, 
    Erzsi

Reply
  • 0

    Hi maya, 

    Thanks for reaching out. Don't have access to the data you have but came across this KB 65953 on How to record a cash advance from a credit card which seems to apply here if trying to record a cash advance from owner's credit card to the business's chequing account.

    This Sage City post, suggests to "Debit the bank, Credit the credit card liability" account.

    Warm Regards, 
    Erzsi

Children
No Data