Accountancy, asked by archanalohia1707, 8 months ago

sales to mohan on account should be debited to
cash ' sales ' debtor ' mohan

Answers

Answered by mdhaji15
0

Answer:

sales to mohan onacount should be debitedtomohan

Answered by madeducators1
0

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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