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    mjenlow's Avatar
    mjenlow Posts: 1, Reputation: 1
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    #1

    Jul 26, 2016, 09:30 AM
    Accounting entry for a cash over payment from customer
    The accounting entry for a refund to an customer for over payment
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Jul 26, 2016, 05:47 PM
    The usual accounting treatment is that disbursements are recorded against the cash (bank) account of the entity with the corresponding credit reducing the balance of the debtors (customers) account
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