Accountancy, asked by choutsholofelo44, 5 hours ago

inventory sold on credit will be recorded in the...journal

Answers

Answered by AllenGPhilip
2

Answer:

Explanation:

(1)ON CASH SALES THE ENTRY WILL BE

   CASH         A/C   DR

          SALES A/C   CR  

(2)ON CREDIT SALE OF GOODS THE ENTRY WILL BE

          DEBTOR(PRSNL)        A/C     DR

                   SALES                A/C     CR

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