Partial payment

CPT 576 views 2 replies

SUNSET TOURS HAS RS3500 A/R FROM MOHAN . ON JANUARY 20 THE LATER MAKES A PARTIAL PAYMENT OF RS 2100 TO SUNSET TOURS. THE JOURNAL ENTRY MADE ON JANUARY 20 BY SUNSET TOURS TO RECORD THIS TRANSACTION IS.....................................??????????????????????????????

Replies (2)

1.        Mohan A/c       Dr                       3500

               To Receivables A/c                        3500

2.       Cash A/c Dr                                2100

               To Mohan A/c                                       2100

or

1. Cash A/c Dr                    2100

    To Receivables A/c                  2100

2. Mohan A/c Dr                 1400

    To Receivables A/c                 1400

  

thanksssssssssssssssssssssssssss


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