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I would need more information to answer this question. What is the reporting unit (e.g., a for-profit corporation, a non-profit, a governmental entity). Are the services charged or free of charge?
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∙ 11y ago
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Services rendered in accounting is what account?
revenue account
What is the effect on income when service is rendered on credit?
Income from services rendered account will decrease and debtors account will increase
What account gets debited when a company renders services?
The customer's, once they pay the invoice for the services rendered.
How do you record an accounting entry services rendered on cash?
[Debit] Cash account [Credit] Services revenue
When services are rendered but payment is not made which account would be increased?
Accounts payable
What are bills payable?
That is money you owe someone for services rendered or goods purchased on account.
When you rendered services on account what accound do you debit?
If you render a service n account to a customer you debit Account Receivable and credit Service Revenue.
How does my company collect past due account for services rendered?
You need to sue in court. The court depends on the amount of the loan.
What are governmental proprietary funds?
Proprietary funds are those used to account for the government's business-type activities where fees are charged for the services rendered, for example, utility services.
What are the ratings and certificates for Account Rendered - 1932?
Account Rendered - 1932 is rated/received certificates of: UK:A
What are the ratings and certificates for Account Rendered - 1957?
Account Rendered - 1957 is rated/received certificates of: Australia:PG
When payment is received for services not yet rendered no entry is recorded until that service has been rendered?
When payment received without services: Debit Cash / bank Credit Unearned revenue When services rendered: Debit Unearned Revenue Credit Services revenue
