answersLogoWhite

0

Subjects>Business>Accounting

What is journal entry of credit sales?

User Avatar

Anonymous

 ∙ 13y ago
Updated: 9/21/2023

buyer's a/c dr. amount

to sales a/c amount

User Avatar

Wiki User

 ∙ 13y ago

What else can I help you with?

Continue Learning about Accounting

What is the journal entry for a cash sell?

Debit Cash Credit Sales

What is journal entry of cash sales?

Debit Cash $XXX Credit Sales $XXX

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.

Journal entry ofr credit sales?

[Debit] Accounts receivable[Credit] Sales revenue

What is creditors journal?

is a book of first entry in which credit sales invoices are recorded

Related Questions

What is the journal entry to close sales?

Sales(debit) and income summary (credit)

What is the journal entry for a cash sell?

Debit Cash Credit Sales

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

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 for sales return?

[Debit] Sales Return account [Credit] Cash account

Journal entry ofr credit sales?

[Debit] Accounts receivable[Credit] Sales revenue

What is creditors journal?

is a book of first entry in which credit sales invoices are recorded

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 returned goods by customer?

[Debit] Sales returns [Credit] Cash / bank [debit] Sales revenue [credit] sales return

What is the journal entry for sales returns and allowances?

Debit: Sales Returns & Allowances Credit: Accounts Receivable :)

Trending Questions
What is payment address for key bank? Why would a vendor require cash on delivery? How many years should you add to American express card if it is expired? How do you record a journal entry for a insufficient funds charge? Which expenses come under direct expense? The program management office creates a plan for each fiscal of funding that is available for new obligations and a plan for each fiscal year of funding that has not been completely expended.? What do you write when you sign a letter on behalf of someone? How can you get advance eic payments? How do you write application as a financial secretary? If plant equipment is attached to leased property must the depreciable life of the equipment coincide with lease terms? Identify the two main categories of accounting principles? Can capital gains income be reinvested without being taxed? What is the state and local tax in Nacogdoches Texas? What is ADR Recording? Is royalty current asset? Can you work and receive spouse allowance? Alex bought 10 shares of Apex Co for 95 each and later sold all of them at 105 each This transaction resulted in what type of event? What age to be exempt from paying school taxes? Recording a Journal Entry payment on account? What public services that are made available through the revenue from taxes?

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Service Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.