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Recording a bill

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When you use an accounts payable account, you enter the bills that you get from vendors when you receive them.

Table 3-5 shows the way this transaction is recorded. Journal Entry 5 automatically debits office-supplies expense for $1,000 and credits accounts payable for $1,000. QuickBooks would record this journal entry if you purchased $1,000 of office supplies and then entered that bill into the QuickBooks system.

TABLE 3-5 Journal Entry 5: Recording a Credit Purchase

Account Debit Credit
Office supplies $1,000
Accounts payable $1,000
QuickBooks 2022 All-in-One For Dummies

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