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-   -   Journal entry help! (https://www.askmehelpdesk.com/showthread.php?t=459591)

  • Mar 22, 2010, 01:51 PM
    todom
    Journal entry help!
    If you receive 8900 cash from Foley Co. on account, no discount what would be my journal entries?
  • Mar 22, 2010, 04:48 PM
    Jazzy2010

    If Foley Co. is paying part or all of their debt to you:

    Debit Cash $8,900
    Credit Accounts Receivable

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