ReceivablesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › ReceivablesThis topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts April 27, 2016 at 12:58 pm #312847 huzaritoMemberTopics: 1Replies: 0☆Q. What is the double entry to record a credit sale of $500 to A? A. DEBIT receivables $500, CREDIT sales $500 B. DEBIT receivables ledger (A’s account) $500, CREDIT sales $500 April 28, 2016 at 12:05 pm #312936 John MoffatKeymasterTopics: 56Replies: 53823☆☆☆☆☆Unless you are told that they keep personal accounts as part of the double entry (and therefore have no control account) then the answer is A.I do suggest that you watch our free lectures on Books of Prime Entry.(Our free lectures are a complete course for Paper F3 and cover everything needed to pass the exam well)AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In