Question
Q1- Is it possible to make two invoices in one accounting treatment Example: I sold a product for $3000, but $1500 I received from the
Q1- Is it possible to make two invoices in one accounting treatment Example: I sold a product for $3000, but $1500 I received from the customer directly, and the remaining $1500 I received from the installment company, meaning the customer will pay $1500 for the installment company.
To sum up, I sold $3,000 cash from the customer 1500 and the second from the installment company 1500, deducting $120 commissions and 60 bank fees. In the end, I received cash of $2,820
what would be the journal entry for it?
Q2- and what if I sold the 3000 in two invoice
1500 from the customer
and 1500 from the installment company deducting $120 commissions and 60 bank fees
what would be the journal entry?
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