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Q: What happens in credit when a customer pays their account?
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When a customer pays on their account is it a credit or a debit to the customers account?

debit a/r credit cash


What needs to happen when a customer pays their account in account receivables?

debit revenue and credit receibables


What journal entry when customer pays account?

[Debit] cash / bank [credit] accounts receivable


What is the journal entry for when a customer pays their account?

[Debit] cash / bank [credit] accounts receivable


What needs to happen in accounts receivables when a customer pays their account?

debit revenue and credit receibables


What is the journal entry when a customer pays their account?

(Debit) Cash xxxx (Credit) Accounts receivable xxxx


What payment on account by a customer?

A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.


What is a payment on account by a customer?

A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.


What journal entry happens when customer pays account?

Debit cash / bankCredit accounts receivable


What needs to happen in account receivable when a customer pays their account?

When a customer pays their account, the account receivable department needs to put the amount of the payment into the computer. A receipt should also be sent to the customer.


What needs to happen when the customer pays on the account?

When a customer pays on an account it needs to be documented immediately and if paying in person a receipt of payments needs to be given to the person who is paying.


What needs to happen when a customer pays there account?

issue a receipt