Accountancy, asked by Aayush5056, 11 months ago

sold goods to M/s Ray and company Kolkata 5600​

Answers

Answered by MuskanNath
1

Plzz collaborate your question clearly......

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Answered by trishac2003
1

Answer:Ray and company a/c.....Dr. 5600

To sales a/c. 5600

Explanation:

Hey if you were asking for a journal entry this is the entry ....as you sold to Ray and it is not mentioned in cash it's a credit sale as a result Ray becomes your debtor who is an asset to the firm so when asset increases you debit it and and as u sold something you earn revenue and according to rules when income or revenue increases u credit it .

I hope u understand :)

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