Question

Goods sold on account to Babar should be credited to​

Answer 1

Answer:

The entry passed is :

cash account dr.

To Babar's account

The posting of entry:

In cash account 's credit side _ To Babar's account

In Barbar's capital account debit side _ By Cash account

Answer 2

Step-by-step explanation:

Goods sold to the customer can be returned by the customer due to various reasons. This has to be recorded in books of account as sales return.

The accounting entry will be as under:

Sales return A/c Dr, (Real A/c- Debit what comes in)

To Customer A/c (Person a/c- Credit the giver)