Check sibling questions
Accounts and Finance
Step 2 Passing Routine Entries

Entries for Sales & Reciept

Last updated at May 29, 2018 by

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

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.