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April 25, 2015 at 5:34 pm #242674
pris43
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Thank you so much Mr Moffat. Now I get it. Am happy.

The other entry of double entry is what I meant by “other leg”.
April 25, 2015 at 6:51 am #242531
pris43
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Ok. So the other leg of 480 would still go to allowances for receivables account? Am confused there.
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