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Subjects>Business>Accounting

What is the journal entry for sold goods for cash?

Updated: 9/22/2023

Wiki User

∙ 10y ago

Best Answer

Debit cash / bank
Credit sales revenue

Evan Glover ∙

Lvl 10

∙ 2y ago

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Wiki User

∙ 10y ago

[debit] Cash / bank xxxx

[credit] sales xxxx

This answer is:

Wiki User

∙ 9y ago

Debit cash / bank
Credit sales revenue

This answer is:

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What is the journal entry for goods sold to sudhir for cash?

debit cashcredit sales revenue

What is the journal entry for goods sold in cash or bank to party?

[Debit] Cash / Bank xxxx [Credit] Sales xxxx

What is the Journal entry for goods sold?

debit accounts receivablecredit sales revenue

What is journal entry for cash sales?

like the following: cash in hand (Dr) Sales or Sales Revenues (Cr) & Cost of goods Sold (Dr) inventory (Cr)

What is journal entry for received cash for services sold?

[Debit] cash / bank xxxx [credit] sales xxxx

Related questions

What is the journal entry for goods sold to sudhir for cash?

debit cashcredit sales revenue

What is the journal entry for goods sold in cash or bank to party?

[Debit] Cash / Bank xxxx [Credit] Sales xxxx

What would the journal entry be for payment received for goods previously sold on credit?

debit cash / bankcredit accounts receivable

What is the journal entry to record a sale from inventory with a trade in?

Sales >>>Cash/Accounts Rec/NotesRec Cost of Goods Sold >>>Merchandise Inventory

What is Journal entry for sold goods?

debit accounts receivablecredit sales revenue

What is the Journal entry for goods sold?

debit accounts receivablecredit sales revenue

What will journal entry of received R's 4000 as advance from a and sold goods to R's 6000 to a?

debit advance cash 4000credit A 4000debit a 6000credit sales revenue 6000

What is journal entry for cash sales?

like the following: cash in hand (Dr) Sales or Sales Revenues (Cr) & Cost of goods Sold (Dr) inventory (Cr)

What is journal entry for received cash for services sold?

[Debit] cash / bank xxxx [credit] sales xxxx

What is the double entry for goods sold on credit?

dr cash and cr purchases

What is the journal entry for goods sold to a?

[Debit] A account xxxx [Credit] Sales revenue xxxx

What would the journal entry be entitled when merchandise is sold for cash?

Dr.Cash ( with the amount of the sales we made) Cr.Sales. on the other hand. Dr. COGS. ( with the COST amount of this goods) Cr.Invetory

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