Accountancy, asked by rjrishika40234, 29 days ago

sales is credit or debit in trial balance ?​

Answers

Answered by ParneetKaur1111
0

Answer:

Sales are a form of income so go on the credit side of the trial balance. 'Sales returns' will reduce the income generated from sales (as some of the customers sent the goods back) so go on the debit side. Purchases are an expense which would go on the debit side of the trial balance.

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