Accounts and Finance
Step 2 Passing Routine Entries

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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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 13 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.