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How do you record an overpayment to a supplier on the general journal? Because the amount to be paid is only $645.92 but the company
How do you record an overpayment to a supplier on the general journal? Because the amount to be paid is only $645.92 but the company paid $654.92, leaving an overpayment of $9.
Post ref Debit Credit 5 Name: Artworks 5 Date Explanation 7 Oct 31 Balance forward 8 Nov 5 Cha 728 9 Cr Balance $ 645.92 -$ 9.00 is in $ 654.92 Step by Step Solution
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