Debit cash / bank xxxx
credit building account xxxx
Debit cash / bankCredit equipment
debit cost of salescredit cash / bank
To record a journal entry for sales, the possession of goods or services is transferred from business to client or end user.
debit accounts receivablecredit land account
Installment A/r(dr) Installment sales(cr)
Debit cash / bankCredit equipment
Debit accounts receivableCredit sales revenue
debit cost of salescredit cash / bank
Installment A/r(dr) Installment sales(cr)
debit accounts receivablecredit land account
To record a journal entry for sales, the possession of goods or services is transferred from business to client or end user.
[Debit] Cash / bank xxxx [Credit] Sale of donated asset xxxx
debit equipment accountcredit cash / bank
Type your answer here... party a/c Dr. to sales
debit accounts receivablecredit sales revenue
Debit accounts receivable / cash / bankCredit sales revenue
Debit cash / bankdebit loss (if any)Credit inventory account