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English translation: posting payments to accounts receivable
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| 18:27 May 9, 2016 |
| Serbian to English translations [PRO] Bus/Financial - Accounting | |||||||
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|  Selected response from: Vesna Maširević Serbia Local time: 05:17 | ||||||
Grading comment
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| 4 +1 | posting payments to accounts receivable |
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| 4 -1 | allocating payments to invoices |
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Answers
1 hr confidence: 
peer agreement (net): +1
peer agreement (net): +1posting payments to accounts receivable Explanation: crediting accounts receivable http://www.dummies.com/how-to/content/how-to-record-a-sale-o... Creating journal entries to recognize payments against the ledger's receivable accounts. The payment is recorded as a credit to the receivable account. http://smallbusiness.chron.com/post-cash-collected-accounts-... |
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Grading comment
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19 hrs confidence: peer agreement (net): -1
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