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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?)
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Answer Posted / amit kumar tiwari
A Dr. 5000.00
To Sales Account 5000.00
(Being Goods Sold on Credit invoice No....... for one month
credit)
there is only one entry pass coz no need for repayment entry
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