sale of goods to mohan on credit should be credited to 1. mohan's a/c 2. cash a/c 3. sales a/c 4. goods a/c
Answers
Answered by
17
Hi friend,
#3) Sale A/c
Journal entry :-
Mohan A/c---------Dr.
To Sale A/c
( Being, sold goods on credit )
...i hope it helps you
Mark me as a brainlist.
#3) Sale A/c
Journal entry :-
Mohan A/c---------Dr.
To Sale A/c
( Being, sold goods on credit )
...i hope it helps you
Mark me as a brainlist.
Answered by
0
As the goods have been sold on credit to Mohan the correct option in this scenario would be option C.
So the answer would be, 'Sale of goods on credit to Mohan should be credited to the sales a/c.'
The goods have been sold TO Mohan and not BY him.
Therefore, the sale should be credited to the sales a/c.
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