consolidated financial statement

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June 12, 2017 at 1:45 pm #392849
adarsh1997
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I do have watched your lectures but still has understood, why do we CR Receivables for cash in transit!

Could you please explain?

Thanks.
June 12, 2017 at 2:09 pm #392858
MikeLittle
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What’s the normal double entry when you receive money from a Receivable?

OK?
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