Accountancy, asked by shivamagg7483, 1 year ago

A credit sale of goods to mohan should be debited to

Answers

Answered by enormous010
11
Hi friend,

Journal entry for this;-

Mohan A/c---------Dr.
To Sale A/c
( Being, sold goods to mohan on credit)...i hope it helps you
Answered by vchilongo
0

a credit sale for Mohan should be debited on the creditor's account, Mohan is the debtor and the seller of the goods is the creditor, the sell of good s on credit means that the payment for the goods is to be made within the time agreed upon, in this case Mohan will credit his account and the creditor who is the seller will debit his account upon payment.

Similar questions