Download Paid For Advertisement Journal Entry Pics. So, the journal entry of paid for advertising is as follows Rent expense 1k$ and credit:

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By debiting the dividends payable account, the. Here are journal entry examples to help you better understand journal entries. The accounting journal entry for each payment:

Lesson 3 how to pass journal entry in tally erp 9.

X company has a payroll department, and cuts checks every two weeks after tabulating hours, and calculating net pay. There are certain benefits of advertising here, we assume that company pays for the advertising directly with cash (say, $50). Lesson 3 how to pass journal entry in tally erp 9. Paid $60,000 cash on the purchase of equipment costing $80,000.