what are the entries when we sold goods on credit to some x
person ?
also when we sold goods for cash?
Answer Posted / 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 |
Post New Answer View All Answers
Tell me what is project implementation?
Define push down accounting?
Please provide me the entire format of P.F. & ESI
on the basis accounting,acounting is divided in to how many classes and what are they?
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
what are the steps for the payment cycle of the firm or company?
Mention the types of ledgers?
What is the Project Accounting in case of Real Estate or Construction Co`s ?
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
what is the head for stock trnasfer
Explain an example of a tough decision you had to make quickly?
What is a ledger in regards to accounting?
Do you know compound journal entry?
What do u mean by press releases
Explain what is bank reconciliation?