barbarayvette
Aug 3, 2014, 09:33 AM
Company a receives a deposit that belongs to company b
The following are my postings:
Company a: credit to a due to account: company b
Company b: credit sales and debit due from account: company a
Now the cash gets transferred to company b how do I post cash received:
Debit bank acct. and credit what acct?
The following are my postings:
Company a: credit to a due to account: company b
Company b: credit sales and debit due from account: company a
Now the cash gets transferred to company b how do I post cash received:
Debit bank acct. and credit what acct?