If merchandise is sold to one company and a balance is collected form another company do they both go under cash and account's receivable.

So I sell TV's to Bob, but George pays me?

I would:
Dr. AR – George
Cr. Sales

When I get paid I would:
Dr. Cash
Cr. AR – George

It would simply be Bob is the shipping address, but George is the billing address.

Ok, thank you.