Finacity Facilitates USD 150 Million Receivables Securitization for a Cargo Airline Company

The original entry will be in Ingrid’s Sales Day Book which lists all credit sales chronologically. Total credit sales (including the $6,450) will be posted from the Sales Day Book to the debit of trade receivables account and the credit of sales account – both accounts being in the General Ledger. The $6,450 will also […]

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Published on: September 21, 2023  -  Filed under: Bookkeeping