Question

sold goods to shyam on credit rs.150000
I need ledger alc to this
​

Answer 1

Shyam to Sales

Explanation:

Shyam A/c                                                      Dr. 150000

  To Sales A/c                                                                           150000

(Goods sold to Shyam)

• Mention the date on the left side.
• You can also use Shyam instead of Shyam A/c as it is a personal account.
• The reason Shyam is written and not cash is because until and unless the question mentions the transaction being made in cash it is assumed that the transaction has been made in credit and hence, the personal account is mentioned.

Answer 2

Answer:

Explanation:

Shyam a/c dr. 1,50,000

To sales a/c cr. 1,50,000

(Sold goods to shyam on credit)

------------------------------------------------

Necessary ledger accounts