3 Answered Questions for the topic Expenses

03/18/19

How to record expense sheet as journal entries in Quickbooks Online?
Let's say I own a business and I make 3 business-related purchases on my personal credit card in August. Given the following example expense report: - 08/01/2011 - $20 - Web Hosting - 08/05/2011 -... more
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03/16/19

How to represent "out of pocket" purchases in general ledger journal entry?
If you use personal money to pay for expenses (advertising, equipmemt), how do you represent this in a journal entry? Normally, if the money was coming from the business, you would just decrease... more
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Expenses

04/16/18

How much would I pay for gas for my job which is 120 days out of the year
Each week I drive 160miles to and from work. My car gets 25 miles to a gallon. Gas is $3.00 per gallon. How much would I pay for gas for my job which is 120 days out of the year
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