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what is sale entry, purchase entry, credit note , debit note
entry?
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Answer Posted / n.sudhakar babu
For cash sales: cash a/c debit,sales a/c Credit
For credit sale:Debtos a/c debt, sales a/c Credit
For cash Purchases : Purchses a/c debit, cash a/c credit
For Credit Purchases:Purchases a/c debit, Credit a/credit
For Credit note:Creditor a/c debit, Credit to party a/c
For Debit Note: Debtors a/c creidt, Debit to Party a/c
| Is This Answer Correct ? | 222 Yes | 39 No |
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