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What is the journal entry for a cash sell?
Debit Cash Credit Sales
How do you sales entry?
Debit Accounts receivable / cash Credit Sales revenue
What is the journal entry to close sales?
Sales(debit) and income summary (credit)
What is entry for sales returns?
[Debit] sales return [credit] cash / bank
Journal entry ofr credit sales?
[Debit] Accounts receivable[Credit] Sales revenue
How do you enter sales entry?
Debit Accounts receivable / cash Credit Sales revenue
What is journal entry for sales return?
[Debit] sales return [credit] cash / bank
What is the journal entry for credit sales with a discount?
Debit accounts receivableCredit sales revenue
What is journal entry of cash sales?
Debit Cash $XXX Credit Sales $XXX
Journal entry for returned goods by customer?
[Debit] Sales returns [Credit] Cash / bank [debit] Sales revenue [credit] sales return
What is the journal entry for purchase on credit and sales on cash?
Debit: Purchases Credit: Accounts Payable Debit: Cash Credit: Sales
What is the journal entry for credit sales 50 percent now and 50 percent later?
debit accounts receivable (for 50% Sales)credit sales revenue
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