Accounting for IGCSE & O level - Accounting Procedures (Section 24 - No. 30)
What is the accounting treatment for a customer payment recorded in the sales ledger?
Debit the customer’s account, credit cash.
Credit the customer’s account, debit cash.
Debit the sales account, credit cash.
No effect on the customer's account.
Explanation
The customer's account is credited.
Comments (0)
