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How do I record when I receive a check for a job we did? Would I debit our cash and credit our accounts receivable?


ANSWER


The BIDaWIZ Team's Answer:

Yes; assuming that an invoice was prepared, and the sale

was posted to your "A/R" account, once the invoice is paid,

you will debit the "cash" account, and you will credit the "A/R"

account. 

debit

The BIDaWIZ Team

 

 

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