Question

is this a cash or bank transaction ? (sold goods to reema)

Answer 1

It's cash transaction.
cash A/C DR
To sales A/C.
(being goods sold to reema)
PLS MARK IT AS BRAINLIEST.

Answer 2

"Sold Goods to Reema" is a credit transaction..
it is neither cash nor bank transaction..

Let me tell you a simple way to determine the mode of transaction..

Sold Goods to Rohit 10000
(generally we will note the name of the person..only if we owe him money right! so this is a credit transaction)

Sold Goods to Rohit for cash 10000
(Sold for cash so cash transaction)

Sold Goods worth 10000
(name of the person is not mentioned so its a cash transaction)

Sold Goods worth 10000 and recieved a Cheque/DD for the entire amount..

(name of the person is not mentioned and amount is recieved in the form of Cheque..so its a bank transaction)