Examples of key journal entries AccountingTools. As discussed above oracle Receivable's Auto Invoice program will be used. Design your own template with drag-and-drop tools or HTMLCSS code Send. Accounts payable entry When recording an account payable debit the asset or expense account to which a purchase relates and credit the accounts payable account When an account payable is paid debit accounts payable and credit cash. Enjoy the convenience of automatic billing by linking a credit card to your account.