Entries to expenses such as Rent Expense are usually:

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
Cash paid 2000 for rent. What is debit account?
Posted by:
Wasim khan wazir
15-December-2015

Debits *Credits

Budgeting Financial Accounting CMA

Question added by abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م
Date Posted: 2016/02/09

Upvote (0) Views (1) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

Debit entries - an increase in an expense is a debit entry

Upvote (0)

Downvote Reply () Report

Popular Searches

Engineers Jobs Sales Executive Jobs Software Engineer Jobs Accountant Jobs Sales Manager Jobs

Write Your Answer

More Questions Like This

An expense is closed with a debit to the expense and a credit to the Income Summary Account. True or False?
Top Answer: My answer is false. Expense’s normal balance is debit. So, to close the account it has to be credited. Th ... See More

Answers (5)
The appropriate journal entry to record equipment depreciation expense would a credit to which of the following accounts?
Top Answer: <p>b. Accumulated Depreciation: Equipment</p> <p> </p> The appropriate journal en ... See More

Answers (22)
Sales of $5000 have been omitted from the receivables control A/C. What is the entry to correct this? a) debit RCA $5000, b) credit RCA $5000
Top Answer: 2 Credit RCA, because that amount is yet to come, it's credit which you can use it See More

Answers (2)
Double entry book keeping , what is debit and what is credit?
Top Answer: it,s the basic rule to record any financial transaction that has double effect one is debit and the oth ... See More

Answers (1)