Question

sold goods for cash rs 10000 and credit rs 15000 to rajesh ​

Answer 1

journal entries

Step by step Explanation :

1)

Cash account Dr. 10000

• to sales account. 10000

(being sale of goods for cash)

2)

Rajesh account Dr. 15000

• To sales account. 15000

(being sales of good to Rajesh on credit)

1. "cash" is a current asset, so it will be debited in the books and "sales" is a revenue for the business, so it will be credited in the books .

2. "Rajesh" is a debit or which is a current asset, that's why it wiil be debited in the books. and "sales" is an income it will be credited in the books.