Question
Atlas Ltd had previously written off a debt with a value of 3000. In a subsequent accounting period, they have received a cheque in final
Atlas Ltd had previously written off a debt with a value of £3000. In a subsequent accounting period, they have received a cheque in final settlement for £330. What is the double entry for the £330 receipt?
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A double entry of the 330 receipt on the final statement would look ...
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
