Читать книгу QuickBooks 2022 All-in-One For Dummies - Nelson Stephen L., Stephen L. Nelson - Страница 45
Recording supplies expense
ОглавлениеTo record $1,000 of supplies expense paid for by writing a check, you record the journal entry shown in Table 2-10. This transaction debits supplies expense for $1,000 and credits cash for $1,000.
TABLE 2-10 Journal Entry 6: Recording the Supplies Expense
| Account | Debit | Credit |
|---|---|---|
| Supplies | $1,000 | |
| Cash | $1,000 |
Note that for each of the preceding transactions, debits equal credits. As long as debits equal credits, you know that the transaction is in balance. This balance is one of the ways that double-entry bookkeeping prevents errors.
