Math, asked by sheikhanian, 6 months ago

Sales of goods to X for cash should be debited to​

Answers

Answered by friendmahi89
0

The journal entry for sales of goods to X for cash will be,

Cash a/c             Dr.

To Sales a/c

As, cash is increased because the customer pays in cash at he point of the sales, therefore Cash account should be debited.

Using the rule, Debit what comes in and credit what goes out.

Answered by yashaswi084
0

Answer:Cash account

Step-by-step explanation:

The journal entry for sales of goods to X for cash will be, Cash a/c Dr. As, cash is increased because the customer pays in cash at he point of the sales, therefore Cash account should be debited.

Sales of goods on cash involves cash and goods account. Both cash and goods are real account. Rule for real account says" debit what comes in". Against sale of goods cash is coming in the system, hence cash account should be debited.

Similar questions