The accounts receivable journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting of accounts receivable.
In each case the accounts receivable journal entries show the debit and credit account together with a brief narrative. For a fuller explanation of journal entries, view our examples section.
Typical Accounts Receivable Journal Entries
| Account | Debit | Credit |
|---|---|---|
| Accounts receivable | XXX | |
| Revenue | XXX |
| Account | Debit | Credit |
|---|---|---|
| Cash | XXX | |
| Accounts receivable | XXX |
| Account | Debit | Credit |
|---|---|---|
| Cash | XXX | |
| Discount allowed | XXX | |
| Accounts receivable | XXX |
| Account | Debit | Credit |
|---|---|---|
| Revenue | XXX | |
| Accounts receivable | XXX |
| Account | Debit | Credit |
|---|---|---|
| Bad debt expense | XXX | |
| Accounts receivable | XXX |
| Account | Debit | Credit |
|---|---|---|
| Bad debt expense | XXX | |
| Allowance for doubtful debts | XXX |
| Account | Debit | Credit |
|---|---|---|
| Allowance for doubtful debts | XXX | |
| Accounts receivable | XXX |
| Account | Debit | Credit |
|---|---|---|
| Cash | XXX | |
| Accounts receivable | XXX | |
| Accounts receivable | XXX | |
| Allowance for doubtful debts | XXX |
About the Author
Chartered accountant Michael Brown is the founder and CEO of Double Entry Bookkeeping. He has worked as an accountant and consultant for more than 25 years in all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a BSc from Loughborough University.