zhou150020

1）Dr：Notes Receivable/Cash on hand/ in bank  420

     Cr: Account Receivable                      420

2) Dr: Accounts receivable    -280

     Cr: Cash                   -280

    Dr: Cash                   280

      Cr: Accounts Receivable    280

3） Don't need any adjustments about this affair, because it does not connect with any entries in accounting.