Question

journal entery of
cash sales 700​

Answer 1

Answer:

In case of a journal entry for cash sales, cash account and sales account are used. In case of credit sales, the respective “debtor's account” is debited, whereas “sales account” is credited with the equal amount. Cash A/C (Type – Real)> Rule – Dr.

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Answer 2

Answer:

In case of a journal entry for cash sales, cash account and sales account are used. In case of credit sales, the respective “debtor's account” is debited, whereas “sales account” is credited with the equal amount. Cash A/C (Type – Real)> Rule – Dr.

Explanation:

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