Explore the 1,000’s of tax questions answered by professionals.

Back to Journal Entries

QUESTION DETAIL

Related User

Votes

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

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.