Sold goods of Rs.10,000 to Suresh journal entry
Sold goods of Rs.10,000 to Suresh Journal Entry
In the books of Mr. Anand.
DATE | PARTICULARS | L/F | DEBIT | CREDIT |
7 | Suresh A/c Dr. To Sales A/c [Being Sold goods to Suresh] |
| 10,000 |
10,000 |
Sold goods of Rs.10,000 to Suresh:
Goods are Sold to Suresh. On Debit side Suresh account because in the statement cash is not mentioned therefore we assume goods are sold on Credit to Suresh. On Credit side Sales account because credit the giver. where goods are credited to Suresh. (Refer Personal A/c rule)
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