A has Rs.3, 500 due from B. On January 20, B makes a partial payment of...
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A has Rs.3, 500 due from B. On January 20, B makes a partial payment of Rs.2, 100 to A. The journal entry made on January 20 by A to record this transaction include A B C D A credit to the cash received account of Rs.2, 100 A credit to B's account of Rs.2, 100 A debit to the cash account of Rs. 1,400 A debit to B's account of Rs. 1,400 A has Rs.3, 500 due from B. On January 20, B makes a partial payment of Rs.2, 100 to A. The journal entry made on January 20 by A to record this transaction include A B C D A credit to the cash received account of Rs.2, 100 A credit to B's account of Rs.2, 100 A debit to the cash account of Rs. 1,400 A debit to B's account of Rs. 1,400
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Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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