Accountancy, asked by Vasanthabellamkonda, 2 months ago

goods sold to driwakar for cash 800​

Answers

Answered by tejasgupta
6

Answer:

Cash A/C - Dr 800

    To Sales A/C    800

Explanation:

Since it is mentioned that goods are sold for cash, and cash is an asset, cash a/c is debited because increase in assets is debited according to the rules of accounting.

And, sales account is credited because sale is an income for the business and increase in income is credited, according to the rules of accounting.

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