Debit cash /bank
Credit sales revenue
debit consignment accountcredit consignment sales
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
Debit accounts receivableCredit sales revenue
Installment A/r(dr) Installment sales(cr)
To record a journal entry for sales, the possession of goods or services is transferred from business to client or end user.
Type your answer here... party a/c Dr. to sales
debit accounts receivablecredit sales revenue
Debit accounts receivable / cash / bankCredit sales revenue
expense
debit cashcredit sales revenue
Debit Cash / bank / accounts receivable xxxx Credit Sales revenue xxxx
[Debit] Accounts receivable [Credit] Service sales revenue