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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