If ram has sold goods for cash the entry will be recorded
Answers
Answer:
Cash a/c Dr
To Sales a/c
Explanation:
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 ]