Interested to Buy Any Domain ? << Click Here >> for more details...
What is the journal entry for goods sold to Mr A in 1 month
credit of rs 5000. and also pass entry for non repayment of
money after 1 month by Mr A. (What entry will come for this?)
- 3 Answers
- 13716 Views
- Airtel, Siemens, I also Faced
- E-Mail Answers
Answer Posted / max
Revenue Journal Entry
Debit Credit
Accounts Receivable 5,000.00
Sales REvenue 5,000.00
To record Sales on account
No entry to be passed for non repayment. The 5,000.00 collectible will still remain in Accounts Receivable
| Is This Answer Correct ? | 8 Yes | 8 No |
Post New Answer View All Answers
What is dividend warrants?
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
Explain me your current/former role, your responsibilities, and how success is/was measured?
wat is mass allocation and when it is used
how will rectify the error in trial balance.
what are the extraordinary items?
Explain financial accounting. What are its characteristic features?
What are time sheets? How are they maintained?
What is mutual fund what is derivatives what is capital market what is TDS.breifly
How do you prepare mis reports?
how to upload ledgers in excel or word document
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
How to post salary advance transfer from one branch to another branch ?
Why current assets Liability said & current Liability Assets said...?at tally ERP9
Explain compound journal entry.
