Debit Accounts receivable / cash
Credit Sales revenue
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
debit cashcredit sales revenue
The accounting entry for sales return under warranty is the accrued warranty liability. This entry is written under warranty expense.
Buyer a/c dr. To Sales a/c. The GAAP shows such an entry as: Account Receivable (debit) $$$ Sales (Revenue) (credit) $$$ This is based on Double-Entry Accounting as standardized by the GAAP. For.buyer's a/c dr. amount to sales a/c amount Accounts-receivable and Sales(sales being in your Results and accounts-receivable in your balance sheet
Debit cash / bankCredit sales revenue
Sales(debit) and income summary (credit)
[Debit] sales return [credit] cash / bank
debit accounts receivabledebit sales taxcredit sales revenue
debit sales accountcredit sales return account
expense
debit accounts receivablecredit sales
debit sales tax expensecredit sales tax payable