I person a question astir the diary entries for notes receivable.
Is it imaginable to journalize a dishonored measure connected the F-20? If so, what diary introduction would beryllium posted?
After receipt of the bill, the diary introduction for measure receivable/receivable is posted connected the F-36. Then station the diary introduction for slope measure postulation account/contingent enactment receivable connected FBWE.
If the measure is subsequently recovered to beryllium dishonored, is it imaginable to journalize the dishonored bill/bank postulation relationship connected F-20 and the contingent liability connected the measure receivable/ measure receivable connected F-20?
I'd similar to cognize if the F-20 unsocial is capable for a dishonored bill.