jira08
Jan 16, 2008, 05:59 PM
When to record accounts receivable and accrual receivable. For example: the business has performed service to a customer (carpet cleaning) and a bill has issued to the customer. $100 Should we record
Dr. Accrounts receivable 100
Cr. Revenue 100
Or
Dr. Accrual revenue 100
Cr. Revenue 100
Dr. Accrounts receivable 100
Cr. Revenue 100
Or
Dr. Accrual revenue 100
Cr. Revenue 100