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Sales & trade receivable accounts record $50,000. But now received amount $49,999 due to $1 charges us admin fee. How do record this transaction?

Accounts Receivable Sales Accounting and Finance
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Question added by Zhi Xin Wee
Date Posted: 2017/06/28
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Ganesh Sivagnanam Sivagnanam

cr trade receiveable a/c $50,000

dr admin  fees $1

 dr bank a/c 49,999

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