Journal entry for cash sales
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cash account dr.
To sale
To sale
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Cash sales
Explanation:
Books of (----Limited)
Journal Entry
Date Account Title and Explanation Debit Credit
Cash A/c Dr. xxx
To Sales A/c xxx
(Being sale of goods from the business)
Note: Goods go out and cash comes to business so, Cash account will be debit and sales account will be credit.
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