Accounts receivable occur from credit sales to customers.

Final exam ACCT 510 2014-15 MASTER LM ACCT510 Sp-Sum15 SE2 1 Accounts receivable occur from credit sales to customers. Credit sales are recorded by crediting an Accounts Receivable. As long as a company accurately records total credit sales information, it is not necessary to have separate accounts for specific customers If a customer owes interest […]