yaqona - you've got your debits and credits round the wrong way -- in CFE's books they will be crediting ( reducing ) the value of the asset and debiting ( increasing ) the value of cash being paid into their bank account .
That's the way double-entry bookkeeping works . Debit Assets and Expenses , Credit Liabilities and Revenues . Cheers
yaqona - you've got your debits and credits round the wrong way...
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