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You make them to undesdand when we talk about debtors we talk about what

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13y ago

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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


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 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


Journal entries for bad debts?

bad debts a/c Dr To sundry debtors a/c


How do you pass entry for payment received from debtors in journal as well as in payment?

debit cash / bankcredit accounts receivable


What is the journal entry of Advance received from debtors?

Debtors are those customers who purchase goods from company on credit so no advance can be issued by debtors. on the other hand advance can be received from customers and accounting entry is as follows: [Debit] Cash / bank [Credit] Unearned revenue


What is the journal entry for amount received from debtor after sales?

debit cashcredit accounts receivable


When you give someone discount do you put it in the Debtor Journal or Debtor allowance journal?

When you give someone a discount, it is typically recorded in the Debtor Allowance Journal. This journal specifically tracks allowances and discounts granted to debtors, reflecting adjustments to accounts receivable. The Debtor Journal, on the other hand, generally records standard transactions involving sales and payments without adjustments.


What are 3 ways that scientists can share what they have learned?

teach, post on the internet, publish in a journal