goods sold to ram for thousand on credit
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Explanation:
There can we 2 Answer to this question.
If it is a cash sale
Then the journal entry is
Cash ac. Dr
To sales ac.
Because cash is real Account and cash comes in and it is debited
Sales is credited because it is nominal ac and all income must be credited
If it is credit sale
Anil ac dr
To sales ac
Anil is the debtor and sales is a income
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