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what is sale entry, purchase entry, credit note , debit note
entry?
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Answer / n.sudhakar babu
For cash sales: cash a/c debit,sales a/c Credit
For credit sale:Debtos a/c debt, sales a/c Credit
For cash Purchases : Purchses a/c debit, cash a/c credit
For Credit Purchases:Purchases a/c debit, Credit a/credit
For Credit note:Creditor a/c debit, Credit to party a/c
For Debit Note: Debtors a/c creidt, Debit to Party a/c
| Is This Answer Correct ? | 222 Yes | 39 No |
Answer / r.thangavelu
credit sales: debtors account debit sales account credit
credit purchase:purchase account debit creditors a/c credit
debit note: sales account debit debtors account credit
credit note: creditors a/c debit purchase a/c credit
| Is This Answer Correct ? | 64 Yes | 26 No |
Answer / mr. muhammad imtiaz
in case of cash sales
cash a/c will b debit and sales a/c will credit
in case of credit sales
customer name a/c debit and sales a/c credit
in case of cash purchase
purchase a/c debit
cash a/c credit
in case of credit purchase
purchase a/c debit
supplyar a/c credit
credit note entry is same like crdit sales and debit note entry same as credit purchase . Read above credit sales and purchase entry
| Is This Answer Correct ? | 42 Yes | 14 No |
Answer / 007
goods purchased in company purchased enter goods sold in company sales entry , credit note sales return entry .debit note purchased return entry
| Is This Answer Correct ? | 9 Yes | 0 No |
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