What is the treatment for sales omitted to be accounted and deposited in bank?
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correct he for cash sales is
cash bank account dr
to sales account
since sales is ommited and cash deposit is recorded it's partial ommition therefore pass the difference to suspense account... therefore je is
suspense account dr
to sales account
cash bank account dr
to sales account
since sales is ommited and cash deposit is recorded it's partial ommition therefore pass the difference to suspense account... therefore je is
suspense account dr
to sales account
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