Answer / barodianbuddy(acca)

Sales order creation No entries

Pick release:
Inventory Stage A/c Debit
Inventory Finished goods a/c Credit
Ship confirm:
Cogs A/c Debit
Inventory Organization a/c Credit

Receviable:
Receviable A/c Debit
Revenue A/c Credit
Tax Credit
Freight Credit

Cash:
Cash A/c Dr Debit
Receivable A/c Credit

Answer / manojthakur

CYCLE IS KIND OF FIXED ASSET AND IT IS CONSIDERED INTO THE
FIXED ASSETS AND ALSO DEPRECIATION ACCOUNT IS EFFECTED AT THE
END OF YEAR AS DEPRECIATE VALUE ACCOUNTED.

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