Question

cash sales for the months
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Answer 1

Answer:

sales a/c______________dr.

To cash a/c

Answer 2

Answer:

What is the journal entry of cash sales for the month?

Master AI & ML without quitting your job.

Cash a/c Dr. XXXX

To sales a/c. XXXX

(Being sold goods for cash)

Example:-Sold goods worth₹5000 for cash

Cash a/c Dr. ₹5000

To sales a/c. ₹5000

(Being sold goods for cash worth ₹5000)

Rule :- “Debit what comes in and Credit what goes out.”

Cash is real account and it is coming to business, hence debited.

Goods (represented by sales) is also real account going out,hence credited.

Hope it is clear.