How will u handle accounts receivable?
Answer Posted / sunny
When you sell or incur a service
Debit Accouts receivable (asset account)
Credit Sales Account.
When You acually receive cash from Customer
Debit cash/bank account (Asset)
Credit Accounts Receivable (Asset)
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
How does the internal audit differ from an external audit?
which of the following procedure would auditor lease likely perform in planning a financial statement audit?
Explain the purpose of meeting in audit?
Explain the importance of internal audit to the organization?
Tell me that how I can evaluate the internal control audit?
i read in andhra bank recruitmentin that i saw english languages marks are eligible what is that eligible mark
what is audit & activities of auditor?
what is the reason for controls in an IS environment?
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?
What is caro 2004?
What is external audit?
When should a company sack its auditor?
What is audit control procedure?
What does an internal audit charter contain?
Would you consider alternative vacancies if so which: