Solved: How do I make a journal entry for uncleared checks?
This is a special reconciliation or mini-reconciliation method which used an off-cycle reconciliation date to make a correction. This did not work and now I have a mess and don’t know how I fix it. Each check I checked as cleared just kept ADDING to the...Cash Trap: A Comprehensive Exploration of Definition, Impact, and Accounting
Sale receipts can come in various forms, including cash, checks, credit card payments, or electronic transfers. Efficient working capital management is essential to prevent falling into a cash trap. Striking the right balance between accounts receivable, inventory,...The Complete Guide To QuickBooks Desktop Pricing 2023
Customer support includes 24/7 help from a virtual assistant (chat bot) as well as live phone and chat support during daytime hours, Monday through Saturday. Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff...What is a purchase return?
A purchase return journal entry records a purchase return in the company’s accounting books. This journal records every return transaction of merchandise purchased from each supplier. With a purchase allowance, the company does not return the goods to its...