Question

Journal entry for basu sold goods to chowdry for ₹750 against a cheque

Answer 1

Answer:

Journal entry

Bank A/c    Dr  750

    To sales A/c          750

(being  sold goods to chowdry against cheque )

Explanation:

Bank A/c- personal account , where banker receives cheque therefore its debited

sales A/c - nominal account , its income therefore its credited