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Hello everyone. I have a question for accountants. Are cash sales reflected in the sales ledger? If you know a current article on this topic, please share it in the comments. Thank you.
Hello. Accounting is a whole science and a very important one for business. You see how productively the store is running, prevent losses, and properly calculate profits. A sales journal's purpose is to track all sales transactions, whether cash or credit. So, cash sales journal entry takes place in a sales journal. All types of accounting are closely linked: each needs data on sales, purchases, product balances, and others. It was a pleasure to help you. I wish you the best of luck.