Question

journal entery for sold goods to ramu Rs.13000​

Answer 1

Answer

Golden Rules of Journal

Personal account rule

Debit- The receiver.  

Credit- The giver.  

Real account rule

Debit- What comes in.  

Credit- What goes out.  

Nominal account rule.

Debit- All expenses and losses.  

Credit- All incomes and gains.  

Now

The journal entry will be

Ramu's A/C     DR    ₹ 13,000

     To Sales A/C                     ₹ 13,000

(Being Sold goods to Ramu)

                                                                                                                       

Answer 2

Explanation:

golden principles of accounting .

personal account rule

dr- the receiver.

cr- the giver.

real account rule

dr- what comes in.

cr- what goes out.

nominal account rule.

dr- all expenses and losses.

cr- all incomes and gains.

the journal entry will be

ramu a/c dr 13000

to sales a/c 13000

( being goods sold on credit to ramu)

here ramu a/c is debited because he is the receiver of goods. refer personal account rule

here goods/sales account is credited because it is going out of the business. refer real a/c rule