sold goods to chandini for rs 2000 what will be the be journal entry?
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Le jayenge le jayenge
Chandini wale goods le jyenge
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Answer:
(refer to the attachment is you can't see the typed answer properly)
Chandini's A/c - Dr 2,000
To Sales A/c 2,000
Explanation:
Since it is not mentioned that it is a cash transaction and the name of the buyer is also given, we assume that it is a credit transaction.
So, Chandini is our debtor, an asset to the business, and, increase in assets is debited.
So, Chandini's Account is debited by Rs. 2,000.
Also, since sales is an income for us and increase in income is credited, we credit the sales account by Rs. 2,000.
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