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

Updated: 9/23/2023

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∙ 10y ago

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[Debit] Cash / Bank xxxx

[Credit] Sales xxxx

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Continue Learning about Accounting

What is journal entry for purshase of goods?

Debit goods purchasesCredit cash / bank

What is journal entry fof purchase of goods?

Debit purchasesCredit cash / bank

What is opening journal entry?

[Debit] cash / bank / goods [Credit] Owner's equity

What is the journal entry for capital stock?

Debit Cash / bank / goods Credit Capital account

What is the journal entry when you sale finish goods inventory?

debit cash / bank / accounts receivablecredit sales revenue

Related questions

What is journal entry for purshase of goods?

Debit goods purchasesCredit cash / bank

What is journal entry fof purchase of goods?

Debit purchasesCredit cash / bank

What is opening journal entry?

[Debit] cash / bank / goods [Credit] Owner's equity

What is the journal entry goods purchased?

[Debit] Goods Purchased xxxx [Credit] Cash / bank / accounts payable xxxx

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debit advances to suppliercredit cash / bank

What is the journal entry to writeoff accounts payables?

Accounts Payable Cash/Bank/Goods etc

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[Debit] Purchases xxxx [Credit] Cash / bank / goods xxxx

What is a journal entry for cheque dishonoured?

debit accounts receivablecredit bank

What is the journal entry for bought goods for cash?

[Debit] Purchases xxxx [Credit] Cash / bank xxxx

What will be the Journal entry of give away goods as a charity?

Dr. Expense - Contribution. Cr. Cash/Bank Account.

What is the journal entry for bill of goods?

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