A cash refund paid to a customer who overpaid an account receivable is recorded in the cash payments journal.
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Q16: The customers subsidiary ledger is controlled by
Q17: Transactions must first be recorded in the
Q18: The methods and procedures for collecting, classifying,
Q19: An account for each supplier of merchandise
Q20: A control account is used to record
Q22: The customers ledger and the creditors ledger
Q23: Sales of office supplies for cash, at
Q24: When a large number of individual accounts
Q25: The total of the accounts receivable subsidiary
Q26: Even when special journals are used, closing
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