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-   -   Bills receivable (https://www.askmehelpdesk.com/showthread.php?t=604458)

  • Oct 16, 2011, 10:03 PM
    sandeep1987
    Bills receivable
    What is the entry for bills receivable?
  • Oct 17, 2011, 06:46 AM
    pready
    If you are asking about service provided to a customer and you sent that customer a bill, then the entry will be:
    Debit Accounts Receivable for the amount
    Credit Service Revenue or Fees Earned for the amount

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