Question

credit sales journal entry​

Answer 1

Answer:

https://goo.gl/search/credit+sales+journal+entry

Credit Sales - How to Record a Credit Sale with Credit Terms Credit sales refer to a sale. The sales and receipts classes of transactions are the typical journal entries that debit accounts receivable and credit sales revenue, and debit cash and credit accounts receivable in which the amount owed will be paid at a later date.

Answer 2

Answer:

customer a/c Dr

To sales a/c

Explanation:

customer, who receive the goods during the sales.

golden rules

• debit the receiver- personal a/c
• credit all incomes and gains- nominal a/c

when credit sales is made. the above rules can be follow

when cash sale is made the following rules can be follow

• cash a/c Dr
• To sales a/c

golden rules

debit what comes in - real a/c

credit what goes out - real a/c