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Reimbursement

Posted by darkang3l84 on 03/19/2009 - 22:37

I'm taking my first accounting class this term and we have end of course project to do. My question is how do I make an entry in my general journal for an reimbursement? What would be debit/credit?

Thank you

Jennifer Lam

  • 1496 reads


reimbursement

You would need to say more about the original transaction. Was it an invoice to a customer, on which you recorded, for example, services and incidental expenses? Was it an advance to an employee? These are very different things, and the question can't be answered well without knowing what transaction type it was that generated the need for reimbursement.

Posted by taxgal03 on 03/26/2009 - 14:20
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