[319chi5y]

One basic principal about control accounts is that ;Receivables ,debit whatever increases the receivables and credit whatever reduces the receivables ……..Payable;credit whatever increases increases the payable and debit whatever reduces them.

[319chi5y]

Sorry i am not replying to the question….i also have a question to ask…. control accounts…..why do you debit the refunds to customer in the receivables …when you are actually giving back money and getting the goods back meaning there are no expectations

[319chi5y]

Sir
I am going to take three CBE exams in two weeks please advice on how to handle the exams and boost my confindence so that i should pass

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