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Debit cash / bank
Credit sales revenue
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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 will be the journal entry of Goods sold to ram but cash didn't receive yet?
The journal entry for goods sold to Ram but cash not yet received would be a debit to Accounts Receivable (Ram) and a credit to Sales or Revenue account to recognize the sale. This entry reflects the increase in accounts receivable (asset) and the revenue recognized from the sale. Once the cash is received, a separate entry would be made to debit Cash and credit Accounts Receivable to reflect the collection of the outstanding amount.
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 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 will be the journal entry of Goods sold to ram but cash didn't receive yet?
The journal entry for goods sold to Ram but cash not yet received would be a debit to Accounts Receivable (Ram) and a credit to Sales or Revenue account to recognize the sale. This entry reflects the increase in accounts receivable (asset) and the revenue recognized from the sale. Once the cash is received, a separate entry would be made to debit Cash and credit Accounts Receivable to reflect the collection of the outstanding amount.
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 the Journal entry for goods sold?
debit accounts receivablecredit sales revenue
What is Journal entry for sold goods?
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
