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Is cash sales banked immediately a contra entry?
YesBecause the entry deals with both cash and bank
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
What is the journal entry for a cash sell?
Debit Cash Credit Sales
What Journal entry for sales return?
Debit sales returnCredit accounts receivable / cash / bank
Related Questions
Is cash sales banked immediately a contra entry?
YesBecause the entry deals with both cash and bank
What is the journal entry cash sales?
Debit cash / bankCredit sales revenue
How do you pass journal entry for cash sales?
Cash a/c Dr. To Sales a/c
What is journal entry of cash sales?
Debit Cash $XXX Credit Sales $XXX
What is the journal entry for a cash sell?
Debit Cash Credit Sales
What is the journal entry for cash sales?
debit cashcredit sales revenue
What is the journal entry for a sales return?
[debit] sales returnscredit cash / accounts receivable
What is journal entry for sales return?
[Debit] sales return [credit] cash / bank
How do you record restaurant sales in a journal entry?
Debit cash /bankCredit sales revenue
Journal entry for sales return?
Cash Ac Dr to Sales AC To sales Return Alc
What is the Journal entry for CASH sales with discounts?
cash a/c.......dr amt(after discount) to sales a/c amt(after discount)
What Journal entry for sales return?
Debit sales returnCredit accounts receivable / cash / bank
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