A/R

Receipt Entry

Allocate what came in against what is owed. The debtors control account falls by exactly what is allocated and the bank rises by the same, in one journal.

|◀ ◀ BOR01 ▶ ▶|

AR1200

BOR01

Boral Cement Ltd

North Sydney NSW · 45 days EOM

Customer No.

Receipt Date

Bank Account

Reference

Banked By

Amount Received

Allocate against Oldest first · anything unallocated stays on the ledger

	Invoice	Order	Due	Age	Invoiced	Received	Outstanding	Allocate
1	INV-11053	SO-01053	14 Sep 2026	Current	$57,112.00	—	$57,112.00
2	INV-11057	SO-01057	14 Sep 2026	Current	$30,551.84	—	$30,551.84

Banking this posts one journal: debit the bank account, credit 1100 Trade Debtors. The aged trial balance and the control account both move because they are the same figure.

Owed by this account$87,664

Allocated$0.00

Unallocated$0.00

Left owing$87,664