The debit side would be money that you owed and paid out for a service. They credit side is money that was paid to you by someone that owed you for services or products.
When payment received without services: Debit Cash / bank Credit Unearned revenue When services rendered: Debit Unearned Revenue Credit Services revenue
This question is easy to answer. The services rendered is the answer to this question.
Income from services rendered account will decrease and debtors account will increase
[Debit] Cash account [Credit] Services revenue
[Debit] Advance expenses [Credit] Cash / bank
When payment received without services: Debit Cash / bank Credit Unearned revenue When services rendered: Debit Unearned Revenue Credit Services revenue
Money received can be income, payment for services rendered, credit towards a debt, etc.
This question is easy to answer. The services rendered is the answer to this question.
Income from services rendered account will decrease and debtors account will increase
[Debit] Cash account [Credit] Services revenue
[Debit] Advance expenses [Credit] Cash / bank
Services for which u have been paid but have not yet been rendered.
You can pull your free credit report, and dispute the service on line.
[Debit] Cash / bank [Credit] Services revenue
Either at the hotel lobby, the hotspot, or to your cell phone company. Credit, Debit, Cash, Cheques, that is all at the discretion of the company offering the services.
If you render a service n account to a customer you debit Account Receivable and credit Service Revenue.
[Debit] Accounts Receivable 1250 [Credit] Services sales 1250