What is the entry of old news paper sold in tally?
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Case1: If a firm is selling newspaper as a goods
Bank A/c Dr. ₹xxx
To Sales A/c ₹xxx
(Being goods sold)
Case2: If a firm has sold the newspaper as a scrap
Bank A/c Dr. ₹xxx
To Newspaper A/c ₹xxx
(Being newspaper sold)
PEACE
I hope it may help you.. :)
Bank A/c Dr. ₹xxx
To Sales A/c ₹xxx
(Being goods sold)
Case2: If a firm has sold the newspaper as a scrap
Bank A/c Dr. ₹xxx
To Newspaper A/c ₹xxx
(Being newspaper sold)
PEACE
I hope it may help you.. :)
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