Economic Management Sciences- Credit Sales Flashcards
1
Q
Debtor
A
A credit customer
2
Q
Journal
A
Debtors Journal (DJ)
3
Q
Source document
A
Duplicate credit sales invoice
4
Q
Debtors control
A
Asset
+ DR (debtors buy-DJ)
- CR (debtors pay or return- CRJ/DAJ)