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Goods sold for cash The two aspects are?

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Question ajoutée par Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator
Date de publication: 2017/03/09
khurram shahzad riaz ahmad khokher
par 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
par 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
par 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
par Venu Gopalakrishnan Nair Sukumaran Nair , Accounts , Golden Tulip Dalma Plaz

Debit Cash A/c and Credit Inventory a/c

Ronald Melwyn Dsouza
par 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
par SamiUllah Hashmi , Marketing Officer , Sitara Chemical Industries Ltd

The two aspects are

Debiting Cash Account and Crediting Sales Account

Nitesh gupta
par Nitesh gupta , Account Assistant , 1 oak

cash a/c.......    dr 

to sales a/c 

Waqas Ali
par Waqas Ali , Management Traniee , TMRAC

1. Increase in Cash Account

2. Inventory reduced.

Kevin Romero
par 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
par 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
par Mohamed Yasser Hussain , Office Adminisrator with IT Support , Garuda Bayana Trader Sdn. Bhd

Retail Transaction.

Debit Cash to Credit Sales. 

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