jerky_boyz
Apr 15, 2006, 08:46 PM
Accounts Receivable
Beginning Balance 0 (DR)
Credit Sales 10,000 (DR)
Recoveries 50 (DR)
Cash Collections 8,500 (CR)
Write Offs 300 (CR)
Collection from recoveries 50 (CR)
Ending Balance 1,200 (DR)
Beginning Balance 0 (DR)
Credit Sales 10,000 (DR)
Recoveries 50 (DR)
Cash Collections 8,500 (CR)
Write Offs 300 (CR)
Collection from recoveries 50 (CR)
Ending Balance 1,200 (DR)