Answered Questions

  • Oct 11 2009
    03:51 PM
    255902
    78

    Journal Entries-Accounts Payable Process
    • Sathyaswarna.t

    What are the journal entries that will be passing from the Goods received till the payment made to an supplier?

    Anitha reddy

    • Jan 31st, 2018

    Inventory account DR
    To, Grin account.

    Grin account DR
    To, vendor account.

    Vendor account DR
    To, bank/cash account

    Shaz

    • Nov 3rd, 2017

    Invoice receipt.
    Inventory AC Dr
    To GR/IR ac.

    Goods receipt.
    GR/IR Ac Dr
    To Supplier/ Vendor Ac.

    Paying Invoice.
    Supplier/Vendor Ac
    To Bank Ac.