Question

Sales made to Kunal who made payment through CDM 6,000 journal entry​

Answer 1

Answer:

kunal a/c Dr 6,000

to sales a/c 6,000

bank a/c Dr 6,000

to kunal a/c 6,000

Explanation:

online payment, internet payment , depositing through CBM considered as bank

Answer 2

Answer: The journalized entry is given below.

Explanation: Given that the goods sold to kunal and payment received through CDM.

We are to journalize the entry.

The journalized entries are as follows :

Kunal A/c                           ....Dr. Rs.6000

    To Sales A/c                 ....Cr.               Rs.6000

(Goods Sold to Kunal)

Bank A/c                          ....Dr. Rs.6000

     To Kunal A/c              ....Cr.               Rs.6000

(Payment received from Kunal)

Online payment through CDM will take as bank.