05/12/19
What's an account called that always balances to 0?
I use a pretty standard double-entry system in GnuCash (Income/Expenses, Assets/Liabilities).
With my wife going back to school this fall, I did something in my accounting that I haven't done...
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04/06/19
Accounting: Should a fee on an amount payable be applied in AR or AP account?
An application I'm building has a simplistic double-entry accounting component to it to keep track of funds passed owed to various parties. I'm unclear on how certain entries should be applied....
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09/11/18
What entry should i use in journalizing this transaction. Received a bill for gas and oil from mindanao oil corp?
Need a journal entry for this question. I hope someone can answer my question. Thank you in advance.
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