Accountancy, asked by anshikapandey6943, 5 months ago

If ram has sold goods for cash the entry will be recorded

Answers

Answered by sparkles7012
0

Answer:

Cash a/c  Dr

         To Sales a/c

Explanation:

Answered by Agastya0606
1

Given : Ram has sold goods for cash the entry will be recorded

To Find : Give the Journal Entry

Solution:

journal entry:  

     In a simple term, a journal entry is recording the transactions in Double Entry form that is recording in two aspects  -   Debit or credit.

we have three types of account i,e, (i) Real A/C (ii) personal A/C (iii) Nominal A/C

Now, a cash sales journal entry consists of two accounts --

Cash a\c, which is a real account. It is also a current asset.

Sales a\c, which is a nominal account because a sale is a type of income.

Date          particulars                               L/F        Amount          Amount      

  _              cash A/C                        Dr.                     xxx

                     To, Sales A/C                                                                      xxx        

               [Goods sold in cash by Ram  ]                

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