Accountancy, asked by momininsha72, 1 month ago

sales are recorded under the head....​

Answers

Answered by Anupamkumar4553
2

Answer:

In double-entry bookkeeping, a sale of merchandise is recorded in the general journal as a debit to cash or accounts receivable and a credit to the sales account. The amount recorded is the actual monetary value of the transaction, not the list price of the merchandise

Explanation:

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Answered by srima0012
1

Answer:

In double-entry bookkeeping, a sale of merchandise is recorded in the general journal as a debit to cash or accounts receivable and a credit to the sales account. The amount recorded is the actual monetary value of the transaction, not the list price of the merchandise.

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