Question

sold goods to shanti stores ​

Answer 1

Answer:

If it is a cash sale

Then the journal entry is

Cash ac. Dr

To sales ac.

Because cash is real Account and cash comes in and it is debited

Sales is credited because it is nominal ac and all income must be credited

If it is credit sale

Anil ac dr

To sales ac

Anil is the debtor and sales is a income

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