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-   -   Accounting Entries for Down payment (https://www.askmehelpdesk.com/showthread.php?t=329024)

  • Mar 14, 2009, 04:24 AM
    sim_onil
    Accounting Entries for Down payment
    What is the accounting entries when a down payment from a contract is received?:cool:
  • Mar 14, 2009, 04:50 AM
    ROLCAM

    DEBIT Bank Account
    CREDIT Sales Account

    Being a down payment from a contract .

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