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  • What accounting journal entry should I use if I buy office supplies with my personal cash?

    April 26, 2010 by  
    Filed under Office

    I have this receipt for some office supplies that I bought with my own money. What entry would a book keeper enter this transactin on?





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    One Response to “What accounting journal entry should I use if I buy office supplies with my personal cash?”

    1. Serge M on April 26th, 2010 9:16 am

      If you mean you bought the supplies for your employer and expect reimbursement, the entry to record the transaction by the company would be

      dr – supplies inventory…….XX
      cr. – Pyaable to employee ……….XX

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