Question

distinguish between sales book and sales account

Answer 1

sales book
1. Sales book is a part or sub-division of journal.

2. Sales book is a sub-division of journal and this book is not divided into debit and credit sides.

sales account
1. Sales account is a part of ledger.

2. Sales account is a part of ledger and is divided into two sides’ viz. debit and credit.

Answer 2

SALES BOOK

Sales book is a subsidiary book, also known as Day book. It is a part of Journal.

It records all credit sales of goods in which the firm normally deals.

SALES ACCOUNT

It is a ledger .

It shows the total sales

I.e., Credit sales + Cash sales.