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Debit Sales Discounts by the amount of the discount. Chapter 9c Accounts Receivable Subsidiary Ledger The Accounts Receivable Subsidiary Ledger a shoebox is how we the seller keep track of how much each of our buyers owe us on account. Mark Krilanovich March 24 2012 ACCT 110 DETAILS Chapter 9a The Merchandise Seller The Big Picture 1. Debit Sales Returns Allowances by the amount of the refund. Credit Accounts Receivable by the same amount. B. Schedule of Accounts Receivable. After you ve...
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