We know Entries for Sales are of type

Party Dr

    To Sales

 

Cash/Bank Dr

   To Party

 

However for Cash Sales can be done directly like

Cash Dr

   To Sales

  1. Accounts and Finance
  2. Step 2 Passing Routine Entries
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CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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