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What is journal entry for allowances to debtors?
[Debit] Allowance for debtors account [Credit] Accounts receivable account
'how to teach debtors' journal'?
You make them to undesdand when we talk about debtors we talk about what
Format for Debtors control account and creditors control account?
debtors
What is the journal entry for sales returns and allowances?
Debit: Sales Returns & Allowances Credit: Accounts Receivable :)
What is the source document for the debtors journal?
Credit note
What is journal entry for allowances to debtors?
[Debit] Allowance for debtors account [Credit] Accounts receivable account
'how to teach debtors' journal'?
You make them to undesdand when we talk about debtors we talk about what
A sales return for credit on account would be recorded in what type of journal?
General Journal Sales Returns and Allowances - A company with sales returns and allowances can record them in the General Journal.
Format for Debtors control account and creditors control account?
debtors
What is the journal entry for sales returns and allowances?
Debit: Sales Returns & Allowances Credit: Accounts Receivable :)
Creditor Allowance Journal's source document?
what is the reason businesses record into creditors allowances journal
What is the source document for the debtors journal?
Credit note
What will be the journal entry for sundry debtors 1000?
sundry debtors A/c........DR 1000 TO Sales A/c 1000
What is the source document for debtors allowance journal?
Credit note
What is a debtors' allowance journal?
Debtors may sometimes be unhappy with their purchases and wish to claim a refund (allowance) from the supplier. Some reasons for this include poor quality goods, wrong colour, wrong size, overcharges, errors on the invoice, and so forth. The debtor then sends a debit note (D/N) to the trader in which the claim is made in respect of the goods returned or overcharge claimed . After investigation the supplier, if in agreement with the claim, issues a credit note (C/N) to the customer. One copy is sent to the debtor and the other is the source document for the entry in the business's Debtors Allowances Journal (DAJ) The DAJ is like a sales returns and overcharges journal.
What is Journal entry for provision for debtors?
No entry for opening debtors these are just transferred from previous period to current period.
What is the general ledger journal entry for a refund?
Cash a/c to debtors a/c
