Sales of goods to X for cash should be debited to
Answers
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.
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.