Accounts Payable Refund

Accounts Payable Refund

Accounts Payable Refund

How do you give an accounts payable account a refund?

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Dec 05, 2017
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A/P Refund JE
by: Anonymous

I believe you can use the general journal to post a credit to the bank account which will decrease the bank balance, and debit the Accounts Payable account which will decrease the A/P balance.

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