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