Accountancy, asked by ankushsingh420w, 6 months ago

all types of important sales journal entry

Answers

Answered by vinodhammad
2

Explanation:

So a typical sales journal entry debits the accounts receivable account for the sale price and credits revenue account for the sales price. Cost of goods sold is debited for the price the company paid for the inventory and the inventory account is credited for the same price.

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