Question

Sold goods for cash 2,00,000.​

Answer 1

Answer:

Journal entry :

cash A/c. dr 200,000

to sales A/c. 200,000

(being goods sold for cash)

Explanation:

Debit what comes in - so debit cash a/c

credit what goes out- as goods are going out of the business,credit sales a/c.

Answer 2

Answer:

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Explanation:

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