Skip to main content

All Questions

Tagged with
1 vote
1 answer
178 views

What are the debits and credits in double-entry bookkeeping when someone pays in advance for a meal?

I'm doing some volunteer bookkeeping for a small nonprofit. If we have an upcoming event and people pay in advance for a meal, how do I enter that in a general ledger (updating Quickbooks for last ...
user348514's user avatar
0 votes
1 answer
1k views

Transferring money from One business checking to another business checking

How do I classify in Quickbooks a cash transfer from one business checking account to another business checking account that are linked together. 2 separate businesses. My husband and I are the only ...
Lisa Moran's user avatar
1 vote
1 answer
14k views

How to report a bill was paid in journal entry?

I have a couple bills in my name in QuickBooks from business expenses that I paid for personally. I have since paid myself back ("paid the bill") but it was during the early months of my business (no ...
Brian David Berman's user avatar