sales to mohan on account should be debited to
cash ' sales ' debtor ' mohan
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sales to mohan onacount should be debitedtomohan
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Sales, Debit,Credit:
Explanation:
Sales:
- The number of the good, product, and services that a company sellwithin a certain time .
- Generally business operation, sale refer to any transaction where the money or its value is exchanged for ownership of goods or entitlement to service. In a accounting context, sales refers to the company's revenue earn from sale of product or service.
Debit:
- If a bank account isin debit, more money taken out of thus than was originally put it or given to it thenThese transactions have put his account in the debit. to record the amount in company's financial accounts that represent money has been uspay an expense buy an asset.
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