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Subject Author Date
What accounts are affected? Artificer 05-10-2007
Posted by Artificer on May 10, 2007, 3:16 pm
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 Is there any kind of chart that tells me what accounts are affected
(debited or credited) by a given form? For example I know that an
Invoice form (I mean the quickbooks form) should debit "Account
receivable" and credit "sales" I guess. I know that with more
accounting training I should be able to figure it out but a chart will
be nice for now.


Posted by Allan Martin on May 10, 2007, 4:04 pm
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> Is there any kind of chart that tells me what accounts are affected
> (debited or credited) by a given form? For example I know that an
> Invoice form (I mean the quickbooks form) should debit "Account
> receivable" and credit "sales" I guess. I know that with more
> accounting training I should be able to figure it out but a chart will
> be nice for now.

Stick with more accounting training as the solution to your dilemma.




>



Posted by Peter Saxton on May 11, 2007, 9:06 pm
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wrote:

>Is there any kind of chart that tells me what accounts are affected
>(debited or credited) by a given form? For example I know that an
>Invoice form (I mean the quickbooks form) should debit "Account
>receivable" and credit "sales" I guess. I know that with more
>accounting training I should be able to figure it out but a chart will
>be nice for now.

Knowledge, experience and training will never be made redundant by a
chart.

--
Peter Saxton from London
peter@petersaxton.co.uk

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