Thank you. That's what I knew I had to do, I just don't know which expense account to debit. What kind of expense account can I use for not collecting money owe...
@RustlerRegarding "non inventory" items used for production, I had been entering them as COGS. If I entered them as Cost of Sales (expense) instead, would the b...
Ok, thank you for the clarification regarding journal entries only being for adjusting. I did not realize that.Also, I agree that little things like screws shou...
@RustlerYou're right to ask those questions. I, too, have a lot of questions. Basically I was hired in September 2021. Prior to that time, the company (young an...
@RustlerThanks so much. I now see that it is reducing the Accounts Payable. However, that was just one credit I entered. By the time I'm done entering all of th...
