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Sales A/C belongs to which account type?
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Answer Posted / tutun mukherjee
sales a/c is a nominal its a revenue earned from disposing of goods thats why we post it on the cr. side of trading a/c......its nt a real a/c bcoz sales doesnt mean possession of inventories...its means outgoing of goods from godown....real a/c only comprise of assets have u seen ever sales has been placed in balace sheet? no
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