Question

Give the journal for Goods sold on cash is rupees 40000.

Answer 1

Heyaa,

The journal entry for the given transaction will be..

Cash a/c... Dr. 40000
To sales a/c. 40000
(being goods sold for cash.)

☺️☺️☺️☺️.

Answer 2

When good are sold  for cash :

Example :

Prashant sold goods for cash Rs 40,000.

Journal will be :

Cash A/c (Real account)   Dr what comes in.

sale A/c (Nominal Account) goods goes out of business Cr. all income and gains

Now form the above entry we can say

Cash A/c Dr . 40,000

To sale A/c 40,000

(being goods sold for cash)