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

Forums › FIA Forums › FA1 Recording Financial Transactions Forums › 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
    Member
    • Topics: 3
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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
    Member
    • Topics: 0
    • Replies: 1
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    Debit and Credit Entries

    April 27, 2018 at 2:15 pm #449086
    sajid007
    Member
    • Topics: 0
    • Replies: 16
    • ☆

    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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