I have a final next week and I missed some questions and my dad cant even help me. I need to know so I can the answers so I can study for the final next week teacher says differant questions but same stle.
A credit sale of $3,275 to a customer would result in
a - A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable subsidiary ledger
b- A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable subsidiary ledger
c- A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable subsidiary ledger
d- A credit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable subsidiary ledger
Thanks everyone.
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When you have a credit sale to a customer you
Cr Sales
Dr Accounts Receivable
The AR Account and the Sudbsidiary account should agree, so the answer is A
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d
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answers A
Need some accounting or math help please?
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