Accountancy, asked by gn0645441, 2 months ago

sold goods to Bhanu costing ₹10,000 in accounting equation​

Answers

Answered by rpriyadharshini45200
1

Answer:

Debit. Credit

Bhanu a/c. 10,000

To sales a/c. 10,000

Explanation:

when you sell goods to bhanu you will be receiving the money. So your account should be credited ( in that case your account will be represented as sales a/c)

Simultaneously Bhanu will pay you the 10,000 rupees which goes out of her account.

when money goes out...in accounting term it is said debited

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