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At the end of the month, the amount column in the journal is totaled. This total is then posted as a debit in the accounts receivable control account and as a credit to the general ledger sales account. The sales journal, sometimes called the credit sales journal, is...
Stessa is an easy-to-use reporting and accounting tool that allows you to link your property information and accounts and gain access to a current view of how your portfolio is performing in real time. Within minutes, you can get the insights you need at your...