In Intuit QuickBooks how do I record this transaction?... Wrote check number 10010 to City Credit...
In Intuit QuickBooks how do I record this transaction?...
Wrote check number 10010 to City Credit Union for payment of amount due (City Credit Union in the Account/Category field); $110.35.
Homework Answers
Answer -
From the Company menu select Make Journal Entries .
then in Make Journal entry change the date.
then Select Account field and select account receivable from drop down list.
Enter the Amount $110.35 and the to the tab column select the Customer name i.e, City Credit Union
then you can see the payment due to city credit union in their account as $110.35
then in the next line select the bank account from the account from which payment needs to be made and enter the cheque details as 10010 and enter the amount as $110.35
after this Select Done.
Then Save & Close.
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In Intuit QuickBooks how do I record this transaction?...
Wrote check number 10010 to City Credit...
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My question is who would I put as the payee for the check for this part in my text book. It says wrote check number 10010 to City Credit Union for payment of amount due (City Credit Union in the Account/Category field: $110.35.
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