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How do I know whether miscellaneous expense goes on top or bottom of the description in the
general journal?
Solution
Expenses are always debited and in the journal entry accounts are debited first and then credited.
Therefore miscellaneous expense will be debited and hence recorded first.
Thus miscellaneous expense will be recorded on the top.

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How do I know whether miscellaneous expense goes on top or bottom of.pdf

  • 1. How do I know whether miscellaneous expense goes on top or bottom of the description in the general journal? Solution Expenses are always debited and in the journal entry accounts are debited first and then credited. Therefore miscellaneous expense will be debited and hence recorded first. Thus miscellaneous expense will be recorded on the top.