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Goods sold for cash The two aspects are?

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تم إضافة السؤال من قبل Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator
تاريخ النشر: 2017/03/09
khurram shahzad riaz ahmad khokher
من قبل khurram shahzad riaz ahmad khokher , senior accountant , INTERNATIOANAL FILTER CENTER CO.

Debit the Cash (Cash Increase) and Credit  Sales ( Goods inventory decrease)

Glaiza Cassandra  Saballegue
من قبل Glaiza Cassandra Saballegue , Cafe in Charge , Premium Café LLCAl Karama St. Ministry Of Economy

The two aspect as we sold goods for cash are:

 

1.cash debit(increase)

2. inventory credit (decrease)

Mohamed Al Baseer
من قبل Mohamed Al Baseer , Chief Accountant , M/s, Qatar Belgium Aluminum Co

Debit Cash and Credit Cash Sales

for inventorty 

Debit Cost of Sales and credit Inventory

 

Venu Gopalakrishnan Nair Sukumaran Nair
من قبل Venu Gopalakrishnan Nair Sukumaran Nair , Accounts , Golden Tulip Dalma Plaz

Debit Cash A/c and Credit Inventory a/c

Ronald Melwyn Dsouza
من قبل Ronald Melwyn Dsouza , Accountant , Trident Engineering & Procurement, Kuwait

Cash A/c

  To Sales A/c

(Being goods sold for cash taken into account)

SamiUllah Hashmi
من قبل SamiUllah Hashmi , Marketing Officer , Sitara Chemical Industries Ltd

The two aspects are

Debiting Cash Account and Crediting Sales Account

Nitesh gupta
من قبل Nitesh gupta , Account Assistant , 1 oak

cash a/c.......    dr 

to sales a/c 

Waqas Ali
من قبل Waqas Ali , Management Traniee , TMRAC

1. Increase in Cash Account

2. Inventory reduced.

Kevin Romero
من قبل Kevin Romero , cashier , americana

Purchases Debits daybook, for recording all the purchase Cash daybook, usually known as the cash book, for recording all money paid.

Mohammad Iqbal Abubaker
من قبل Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator

The two aspects are:Debiting Cash Account andCrediting Sales Account

 

Debiting Cost of Goods sold andCrediting Inventory Finished Goods

Mohamed Yasser Hussain
من قبل Mohamed Yasser Hussain , Office Adminisrator with IT Support , Garuda Bayana Trader Sdn. Bhd

Retail Transaction.

Debit Cash to Credit Sales. 

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