cash sales to seema rs 15000 journal entry
Answers
Firstly, The books entry would be as follows:
Cash - debit (Cashbook)
Sales - credit ( Cashbook)
Both of the entries would have to recorded on cashbook.
Secondly, you have to record the entries on the ledgers.
Cash - debit 15000 have to be entered on the debit side of the cash account.
Sales- credit 15000 have to be entered on the credit side of the sales account.
Both of the entries would have to recorded on the general ledger (nominal ledger).
*Remember ledgers are not accounts. Ledgers are big data centers, and accounts are the data rooms. Books are for the journal. Books are used for the prime record means the first entry of recording.
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