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 |
what is addition of Opening Balance and net profit transfered from profit and loss account called
Aptitude Test Questions
how to pass entry of petty cash in tally 7.2
where outstanding debts being Rs 48000 and 20% considered to write off . pass jounal entry.
2 Answers Kalyani Forge, MCom,
What is difference between SEZ Developer & SEZ Unit?
2 Answers ABC, Jubilant Organosys,
HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?
Payment made to creditors is a
What is Amalgamation?
what is meant by working capital?
what is the differences between quality assurance and quality improvements?
Why t account is called as t account
bill amount 30000 how to charge tds as sec 194c