WHAT IS ENTRY FOR CREDIT SALES?
- 9 Answers
- 7324 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rama
sale the goods on credit the person should debited and goods are going to other person it should be credited the entry is
X a/c Dr
To sales(goods)
| Is This Answer Correct ? | 15 Yes | 3 No |
Answer / deepak thapa
Debtor(s) account -dr
To sales account -cr
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / g.venkateswararao
X a/c Dr 00000
Sales a/c 00000
(Being the Goods sold to X )
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / santanu
Customer A/c Dr.
To Sales A/c
( Being Goods sold on credit )
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / raju m
Sales the products to the customer for some credit period
its like 15 or 30 days and its same payment for the products
to be collected based on credit period.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / g.venkateswararao
A a/c Dr
To Sales a/c
(Being the goods sold to A on credit)
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / ap rajan
CRIDITOR AC DR
TO SALES AC
(BEING CREDIT SALES)
| Is This Answer Correct ? | 0 Yes | 9 No |
Explain me fair value accounting?
i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir
IN PROCESS ACCOUNTING, HOW ABNORMAL LOSS & ABNORMAL LOSS IS TREATED?
How to make deductions of the employees from salary against the loan in AP module oracle R12
what is the bill of exchange
Outstanding expenses and Provision for any expense will come under liability side...? Though it is basic question, it is to ensure the answer.
How to prepare HSD statements in tally
What are assets minus liabilities?
who is debtor and creditor?
what is "goodwill" reserve and surplus and reserve with example
WHAT IS CASH DISCOUNT & TRADE DISCOUNT?
What are the disadvantages of manual accounting?
Audit 
