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Test Yourself with Journal Entry Practice Problems! What kind of Test Questions do you want to see more of?
Accruals and deferrals, P&L, balance sheet, trial balance, General ledger
amazing video, thanks for the help man!
Thank you for this video.
How to purchase your course
For the second question with Payroll expense, couldn’t I credit Cash instead of Payroll Payable?
No, because cash does not go out until 1st week of April. Credit cash would decrease cash and assets in the wrong period (March).
@@Mfitzgeraldloti I’ve learned more over the past months and I understand. Thanks!
@@TromboneMusicMS Me too! Always learning 😁
THIS WAS GOODDDDD!
still helpful until today
Test Yourself with Journal Entry Practice Problems! What kind of Test Questions do you want to see more of?
Accruals and deferrals, P&L, balance sheet, trial balance, General ledger
amazing video, thanks for the help man!
Thank you for this video.
How to purchase your course
For the second question with Payroll expense, couldn’t I credit Cash instead of Payroll Payable?
No, because cash does not go out until 1st week of April. Credit cash would decrease cash and assets in the wrong period (March).
@@Mfitzgeraldloti I’ve learned more over the past months and I understand. Thanks!
@@TromboneMusicMS Me too! Always learning 😁
THIS WAS GOODDDDD!
still helpful until today