What steps are followed in posting from the cash receipts journal to the accounts receivable ledger?
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What steps are followed in posting from the cash receipts journal to the accounts receivable ledger?
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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