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
- 14049 Views
- Airtel, Siemens, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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
| Is This Answer Correct ? | 23 Yes | 0 No |
Answer / 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 |
Answer / simarvir
Mr.A a\c dr 5000
To sales a\c 5000
cash a\c dr 5000
To Mr.A a\c 5000
| Is This Answer Correct ? | 7 Yes | 11 No |
Describe a time when you have not met your goal?
how to pass journal entry for credit card a/c in tally erp 9 How to generate in tally erp9 for credit card account new
Three goals you wish to achieve in the next 5 years
what is mean by DDU SHIPMENT AND DDP SHIPMENT
what is debit and credit in accounting
Do you know executive accounting?
What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.
why should be mention capital in liabilities side
What is mis report , how to prepare mis report for general ledger?
Dear Sir, Which FORM to be used for service Tax deposit challa for security agency or is it manadatory for deposit challan online .
you have get 100RS but no 10RS note is required & there should be only 10 notes
Tell us how can you define departmental accounting?
Audit 
