Account Receivable Entry

 

Date	Particulars	Debit (₹)	Credit (₹)
Sale of Goods on Credit
2024-08-20	Accounts Receivable A/c	55,000
	To Sales A/c		55,000
	(Being goods sold on credit)
Cash Received from Debtors
2024-09-01	Cash/Bank A/c	55,000
	To Accounts Receivable A/c		55,000
	(Being cash received from debtors)

Sale of Services on Credit

2024-09-05

Accounts Receivable A/c

30,000

To Service Revenue A/c

30,000

(Being services provided on credit)

Cash Received for Services Provided

2024-09-10

Cash/Bank A/c

30,000

To Accounts Receivable A/c

30,000

(Being cash received for services provided)