Sales is a revenue account and all revenues has credit balance as default balance so sales also has credit as default balance while cash or accounts receivable will be debited against it.
Sales is a revenue account and all revenues has credit balance as default balance so sales also has credit as default balance while cash or accounts receivable will be debited against it.
You increase a sales / revenue account by crediting it.
What are you a retard sales aren't debit or credit, they are just gay
Sales is a revenue account and like all other revenue accounts which has credit balance as normal balance sales also has credit balance as normal balance.
debit cash
credit sales
Credit
credit
Debit: Purchases Credit: Accounts Payable Debit: Cash Credit: Sales
Debit Cash Credit Sales
[Debit] Sales returns [Credit] Cash / bank [debit] Sales revenue [credit] sales return
When goods refund:[Debit] Sales returns[Credit] accounts receivable / cashAdjusting entry:[Debit] sales revenue[Credit] Sales returns
Sales has credit balance as default balance so it means only credit can increase the sales and that;s why all debit reduces the sales because it is reverse of credit balance.
[Debit] Sales return [Credit] Cash /bank [Debit] Sales [Credit] Sales return
Debit: Purchases Credit: Accounts Payable Debit: Cash Credit: Sales
Debit Cash Credit Sales
Credit
[Debit] Sales returns [Credit] Cash / bank [debit] Sales revenue [credit] sales return
When goods refund:[Debit] Sales returns[Credit] accounts receivable / cashAdjusting entry:[Debit] sales revenue[Credit] Sales returns
Sales has credit balance as default balance so it means only credit can increase the sales and that;s why all debit reduces the sales because it is reverse of credit balance.
Cash/Bank/Accounts Receivable [Debit] Sales[Credit]
sales generally have credit balance .debit balance of sales would mean that a firm is incurring loss on sales
credit credit credit
[Debit] cash 2600 Credit sales 2600 Deposited to bank Debit Bank 2600 Credit Cash 2600
Sales(debit) and income summary (credit)