what are the entries when we sold goods on credit to some x
person ?
also when we sold goods for cash?
Answer Posted / jayesh
1. X A/C........DR
TO GOODS...CR
2. CASH A/C.....DR
TO GOODS..CR
| Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
In South Africa , the current rate for value added tax is ?
how to caluclate tds from emloyees and others
What do you mean by gaap in accounting?
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
Why is accuracy important in accounting?
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
Write about the media role in daily life
Tell me what would you say are the most important qualities of an account manager?
How Many Accounting Principale
Can i put opening stock in new company during closing time
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
Define balancing in accounting?
How to pass journal entry of gifts purchased for employee by using campany ATM card
what are the voucher entries in tally for medical insurance