Question

sold goods to bedi &co for 2900 journal entry
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Answer 1

Answer:

Cash A/C …… dr (Real Account; debit what comes in, credit what goes out)

To Sales A/C

(Being goods sold to Bedi and Co. in cash)

Step-by-step explanation:

If cash was not mentioned, we would be selling on credit. So, it would have been:

Bedi and Co. A/C …….. dr (personal account; debit the receiver, credit the giver)

To Sales A/C (Nominal Account)

(Being goods sold to Bedi and Co. on credit)