Accountancy, asked by Kashuss, 1 year ago

Goods sold to gopal entry

Answers

Answered by PADMINI
17
for credit -

Gopal A/c.. Dr
To sales A/C

for cash -

cash A/c.. Dr
To sales A/C

hope it helps you
Answered by sujiritha95
8

3 golden rules



personal accounts - debit the received and credit the giver

real accounts -debit what comes in and credit what comes out

nominal accounts - debit all the expenses and losses, credit all the income and gains



as per the question 2 accounts affect sales account and gopal (debitor) account


Sales account - Nominal account

gopal account - Personal account


by applying the golden rules ,


sales is income to the company therefore its credited and gopal is debited because hes the receiver


Journal entry


Gopal A/c Dr

To sales A/c

(Being sold goods on credit )




Hope its useful..!!





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