Sunset tours has Rs 3 500 account receivable from the Del Mar-13056
Sunset tours has Rs.3,500 account receivable from the Del Mar Rotary. On January 20, the Rotary makes a partial payment of Rs.2,100 to Sunset Tours. The journal entry made on January 20 by Sunset Tours to record this transaction includes:
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Final Term - Quiz No.6.
Sunset tours has Rs.3,500 account receivable from the Del Mar Rotary. On January 20, the Rotary makes a partial payment of Rs.2,100 to Sunset Tours. The journal entry made on January 20 by Sunset Tours to record this transaction includes:
A debit to the Cash Received account of Rs. 3,500
A credit to the Accounts Receivable account of Rs.2,100
A debit to the Cash account of Rs.1,400
A debit to the Accounts Receivables account of Rs.1,400
