Accounting question?
Answer:
If this is an invoice from your company to a customer, you would need to debit sales and credit Accounts Receivable by issuing a credit memo through your accounts receivable system.
If you're voiding an invoice from a vendor that you purchased something from, the journal entry is a debit to Accounts Payable (by issuing a debit memo through the accounts payable system) and crediting the expense account that was originally debited.
Credit would be the customer.
oh my.. are you an intern? you shouldn't be working in the accounting dept if you don't know that! Geezz.
Debit accounts receivable. Credit sales.
purchases
I assume the invoice was a sale to a customer. in that case a sale is a increase in company funds to negate this post a journal entry to debit the company
DR - Bad Debt - Note the customer's name
CR - Accounts Rec
Find that invoice in the journal and see what the debits and credits were. Then reverse them. My guess would be, you'd have to credit accounts receivable.
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