what are the entries when we sold goods on credit to some x
person ?
also when we sold goods for cash?
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Answer / ankur jain
In first case the entey is:
X dr
Sales cr
And in second case the entry is:
Cash dr
Sales cr
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / accountant
cash a/c dr
TO sales a/c
for goods sold to mr x for cash/c
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / abdul sameen
X account
Cash receivable account
Cash account
sales account
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / jayesh
1. X A/C........DR
TO GOODS...CR
2. CASH A/C.....DR
TO GOODS..CR
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / sharyanch
X A/c Dr.
To Goods A/c
[ Being Goods Sold to X on Credit Basis ].
X A/c Dr.
To Cash A/c
[ Being Goods Sold to X on Cash Basis ].
| Is This Answer Correct ? | 2 Yes | 6 No |
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