Made credit sale to pratap 5500
Answers
Answered by
8
Explanation:
the journal entry will be
pratap a/c dr
to sales a/c.
( being goods sold to pratap)
Answered by
2
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
Pratap A/c Dr ₹ 5500
To Sales A/c ₹ 5500
(Being Credit sale to pratap)
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