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.

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AR1200

VCN-NZ

Vinyl Compounds NZ Ltd

Hamilton NZ · 30 days

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-11039	SO-01039	13 Aug 2026	Current	$84,150.00	—	$84,150.00
2	INV-11056	SO-01056	25 Aug 2026	Current	$61,116.00	—	$61,116.00

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$145,266

Allocated$0.00

Unallocated$0.00

Left owing$145,266