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Yes it is absolutely fine to credit as much account against it because ultimately cash is coming so it is time saving as well as effective as well to charge one single entry for three different customers.

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10y ago
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10y ago

Yes it is absolutely fine to credit as much account against it because ultimately cash is coming so it is time saving as well as effective as well to charge one single entry for three different customers.

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Q: Will it be correct to setup a journal entry debiting cash for 15000.00 and credit 3 different customers for 5000.00 each?
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