Accountancy, asked by abhishekbehera246, 5 hours ago

goods sale journal entry​

Answers

Answered by ms5775462
0

Answer:

A sales journal entry records the revenue generated by the sale of goods or services.

...

In the case of a cash sale, the entry is:

[debit] Cash. Cash is increased, since the customer pays in cash at the point of sale.

[debit] Cost of goods sold. ...

[credit] Revenue. ...

[credit]. ...

[credit] Sales tax liability.

Answered by hariuthiras
1

Answer:

date

cash a/c         dr              

 To sale a/c

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