How can my refund payments (debits) correctly impact my accounts receivable total?

vicktory Posts: 1, Reputation: 1

New Member

Oct 21, 2011, 08:14 AM

How can my refund payments (debits) correctly impact my accounts receivable total?

I manage a small dental office, boss wants to know after refund checks are written, the total amount of receivalbes is falsely high - how to rectify this?

Check out some similar questions!

A trial balance taken at year-end showed total credits exceed total debits by $4,950. [ 1 Answers ]

If a company has $49,800 in Accounts Payable, $117,375 in Accounts Receivable, $306,0 [ 1 Answers ]

If a company has $49,800 in Accounts Payable, $117,375 in Accounts Receivable, $306,000 in Cash and $7,500 in Supplies, what is the net income for this company? Explain answer.

Cash Conversion Cycle. Calculate the accounts receivable period, accounts payable per [ 1 Answers ]

Cash Conversion Cycle. Calculate the accounts receivable period, accounts payable period, Inventory period, and cash conversion cycle for the following firm: Income statement data: Sales 5,000 Cost of goods sold 4,200 Balance sheet data: Beginning of Year ...

Accounts receivable and Accrual Receivable [ 1 Answers ]

When to record accounts receivable and accrual receivable. For example: the business has performed service to a customer (carpet cleaning) and a bill has issued to the customer. $100 Should we record Dr. Accrounts receivable 100 Cr. Revenue 100 Or Dr. Accrual...

What is the difference between accounts payable and accounts receivable? [ 1 Answers ]

What is the difference between accounts payable and accounts receivable?

View more questions Search

Check out some similar questions!

Add your answer here.