The total debit to income summary should match total expenses from the income statement. Recording transactions into journal entries is easier when you focus on the equal sign in the accounting equation. Assets, which are on the left of the equal sign, increase on the left side or DEBIT side. Income from retained earnings can… Poursuivre la lecture Retained Earnings: Entries and Statements Financial Accounting
Mois : novembre 2021
Commentaires récents
Archives
Catégories