Accountancy, asked by DineshMatthew, 1 year ago

sales to radha journal entry​

Answers

Answered by 276palak
7
the sales journal entry is : ( debit)
account receivable for $ 1,050

in the case of a cash sale , the entry is..
• (debit) cash . cash is increased, since the customer pays in cash at the point of sale.
• ( debit) cost of good sold..
• ( credit) revenue..
• (credit)..
• ( credit) Sales tax liability...
hope it helps you ...
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