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What is journal entry for carriage on sales?

Updated: 9/22/2023

Wiki User

∙ 9y ago

Best Answer

Debit Cash / bank / Account receivable
Debit Carriage outward
Credit Sales

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∙ 9y ago

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How do you do journal entry for Forecasting Sales?

There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.

Journal entry for carriage inwards?

Debit carriage inwardCredit cash

What needs to happen when recording a journal entry for a sale account?

When recording a journal entry for a sales account, ensure that the sales are strictly done on credit terms.

What is the journal entry cash sales?

Debit cash / bankCredit sales revenue

What is journal entry of cash sales?

Debit Cash $XXX Credit Sales $XXX

Related questions

How do you do journal entry for Forecasting Sales?

There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.

Journal entry for carriage inwards?

Debit carriage inwardCredit cash

WHAT IS THE JOURNAL ENTRY FOR SALES DISCOUNTS?

expense

What is the journal entry for cash sales?

debit cashcredit sales revenue

What needs to happen when recording a journal entry for a sale account?

When recording a journal entry for a sales account, ensure that the sales are strictly done on credit terms.

What is the journal entry to close sales?

Sales(debit) and income summary (credit)

What is the journal entry cash sales?

Debit cash / bankCredit sales revenue

What is the journal entry?

Debit accounts receivableCredit sales revenue

How do you pass journal entry for cash sales?

Cash a/c Dr. To Sales a/c

What is the journal entry for sales?

Debit accounts receivable / bank / cashCredit sales revenue

What is the journal entry for a sales return?

[debit] sales returnscredit cash / accounts receivable

What is journal entry of cash sales?

Debit Cash $XXX Credit Sales $XXX

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