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When a customer overpays the customer acconty has a debit balance?

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  • When a customer overpays the customer acconty has a debit balance?


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... " Customer Overpayments on Invoices: ... Your A/R account (category) is normally going to carry a Debit Balance so when a customer overpays, ...
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Positive: 26 %
What to do when a customer overpays? Determine if a refund ... When the customer has incurred additional ... balance: Debit Accounts ...
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Positive: 23 %

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Customer credits; Settling credits ... Use this method if the customer has paid for the entire invoice and wants to ... Do you have an account for tracking ...
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Positive: 26 %
Accounting for Receivables. ... as that between Equipment and its Accumulated Depreciation Account. On the Balance ... customer has disappeared), we ...
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Positive: 21 %
Doubtful Accounts has a credit balance of $5500; ... The journal entry to record a note received from a customer to apply on account is. debit Notes ...
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Positive: 7 %
... debits and credits ... which is a debit; the increase in the customer's account balance ... then the account has a "debit balance".
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Positive: 10 %

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