Dividend Withholding Tax Journal Entry
In today’s accounting tutorial article we will be looking at what the journal entry is for dealing with withholding tax when a dividend is being paid and when received. Ensuring … Read More
Category: Accounting Tutorials
Premium on Bonds Payable Journal Entry
Following on from our article that looked at the discount side, today’s accounting tutorial series we look at the journal entry and calculations required when a premium on a bonds … Read More
Is Prepaid Rent an Asset or Liability?
Not an uncommon question we see come up around prepaid rent is the question of “is it asset or a liability?”. This of course depends on whether you are the … Read More
Discount on Bonds Payable Journal Entry
In today’s accounting tutorial we look into how a discount can arise on a bonds payable issuance and in particular the calculations and journal entry. We will cover what these … Read More
Debentures in the Trial Balance
In our accounting tutorial we work through an example of the impact of debentures in the trial balance and financial accounts.
Issue of Debentures for Consideration Other Than Cash
The other day we looked at debentures and in particular working through an example and how it flowed through the trial balance and into the financial statements. In working on … Read More
Type of Account and Balance of Prepaid Insurance
Prepayments or prepaid expenses are one of the four main balance day adjustments that an accounting student needs to learn in their progress through any accounting syllabus: the others being … Read More