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.

|◀ ◀ NPI-SA ▶ ▶|

AR1200

NPI-SA

National Petrochemical Industrial Co.

Riyadh SA · 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-11032	SO-01032	14 Sep 2026	Current	$112,450.82	—	$112,450.82
2	INV-11045	SO-01045	14 Sep 2026	Current	$22,580.60	—	$22,580.60

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$207,746

Allocated$0.00

Unallocated$0.00

Left owing$207,746