WHAT IS ENTRY FOR CREDIT SALES?
Answers were Sorted based on User's Feedback
Answer / rama
sale the goods on credit the person should debited and goods are going to other person it should be credited the entry is
X a/c Dr
To sales(goods)
| Is This Answer Correct ? | 15 Yes | 3 No |
Answer / deepak thapa
Debtor(s) account -dr
To sales account -cr
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / g.venkateswararao
X a/c Dr 00000
Sales a/c 00000
(Being the Goods sold to X )
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / santanu
Customer A/c Dr.
To Sales A/c
( Being Goods sold on credit )
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / raju m
Sales the products to the customer for some credit period
its like 15 or 30 days and its same payment for the products
to be collected based on credit period.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / g.venkateswararao
A a/c Dr
To Sales a/c
(Being the goods sold to A on credit)
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / ap rajan
CRIDITOR AC DR
TO SALES AC
(BEING CREDIT SALES)
| Is This Answer Correct ? | 0 Yes | 9 No |
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3 Answers CS Engineering, SK Accountant,