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What is the accounting entries of AR/AP for courier company like FedEx etc.

This topic has 2 replies, 3 voices, and was last updated 7 years ago by sajid007.

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March 17, 2018 at 10:39 am #442846
amershareef
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What is the accounting entries of AR/AP for courier company like FedEx, DTDC, DHL or Blue Dart?
April 3, 2018 at 8:43 pm #444823
laminbaldeh
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Debit and Credit Entries
April 27, 2018 at 2:15 pm #449086
sajid007
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A/R is DEBIT coz our cash increases and cash is asset when it increases it is debit entry and A/P is Credit coz we are payable when we are payable our liability increases when liability increases it becomes credit
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