A critical area for accountants to know about is how to account for bonds. Our article looks at a retiring bonds journal entry example with full calculations and explanation.
Like all balance day adjustments, the accrued rent journal entry is straightforward but does require a good understanding of what is trying to achieve.
Our comprehensive guide will take you through all the steps in preparing a journal entry for the issue of common stock, with plenty of examples.
We have a great article that takes you through the dissolution of partnership accounting journal entries using a real-world example.
The journal entry to record the sale of services on credit should include accounts receivable and sales. We provide a full explanation with examples to work through.
The journal entry for rent paid is very straightforward. Our article provides you with the full debits and credits and explanations needed.