Accountancy, asked by Anonymous, 4 months ago

goods sold to kiran on credit rs 500 what is debited a kiran account b sales account c cash account d goods account

Answers

Answered by manyamurgai
2

Explanation:

Sales ac. dr. 500

to kiran ac. /500

bczz kiran is the creditor

Answered by lakshaysoni01279473
18

Answer:

Since Cash is mentioned,

the answer is:

Cash A/C …… dr (Real Account; debit what comes in, credit what goes out)

To Sales A/C

(Being goods sold to Sailesh in cash)

If cash was not mentioned, we would be selling on credit. So, it would have been:

Sailesh A/C …….. dr (personal account; debit the receiver, credit the giver)

To Sales A/C (Nominal Account)

(Being goods sold to Sailesh on credit)

Thanks :)

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