Question

Cash sales of RS 100085

Answer 1

Given "cash sales of 100085"

This transaction affects two accounts sales a/c , hema a/c ... Where sales a/c is a nominal account (all expenses incomes gains losses come under nominal account) and cash a/c is a real account(all assets and Liabilities come under Real account)


The Three golden rules of accounting are

Personal account - Debit the receiver, credit the giver

Real account - Debit What comes in, credit what goes out

Nominal account - Debit All expenses and losses, credit all incomes and Gains

So Per the above rules..since cash is incoming should be debited and sales is an income should be credited..


So the Journal Entry will be

Cash a/c Dr 100085

To sales a/c. 100085

(Being Goods sold)

Answer 2

Cash  A/c Dr  100085
       To  sales A/c          100085
(being cash sales made)

Hope its useful..!!