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

Maths Crash Course - Live lectures + all videos + Real time Doubt solving!

Accounts and Finance

Step 2 Passing Routine Entries

Last updated at May 29, 2018 by Teachoo

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

Maths Crash Course - Live lectures + all videos + Real time Doubt solving!