About this document
Credit Balance of AR by 25-00259.mtapduhan is a document available to read on EtoBox.
The document explains the correct accounting treatment for customer deposits, emphasizing that properly recorded deposits do not affect Accounts Receivable (AR) while misposted deposits do. It clarifies that deposits are liabilities and should only be added back to AR if they were incorrectly recorded as credits to AR, which artificially reduces the total receivables. The document provides examples and scenarios to illustrate the distinction between correct and incorrect postings of customer deposits.
- Author
- 25-00259.mtapduhan
- Language
- EN