Accountancy, asked by sanjanasingh98051, 1 year ago

Made credit sale to pratap 5500

Answers

Answered by babushall
8

Explanation:

the journal entry will be

pratap a/c dr

to sales a/c.

( being goods sold to pratap)

Answered by tanmoyvestige
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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