Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Collection of accounts receivable (https://www.askmehelpdesk.com/showthread.php?t=616745)

  • Dec 3, 2011, 09:52 PM
    noellemoon
    Collection of accounts receivable
    Collection of accounts receivable, effect of thansactions
  • Dec 4, 2011, 07:50 AM
    pready
    Collection of accounts receivable means that a customer paid for services or goods that were received on credit.

    You are increasing cash and decreasing accounts receivable at the same time.

  • All times are GMT -7. The time now is 04:12 AM.