Duplicate copy of tax invoice
[Debit] Accounts receivable [Credit] Service sales revenue
Debit Cash / bank / accounts receivable xxxx Credit Sales revenue xxxx
yes they do but if the cash sales and credit sales ar the same number they equal subsales
Sales is a revenue account and all revenues has credit balance as default balance so sales also has credit as default balance while cash or accounts receivable will be debited against it.
[Debit] Accounts receivable xxxx [Credit] Sales revenue xxxx
Sales day book is used to record the daily credit sales. in a sales day book we just write the date, customer name, invoice no and amount. its a very primary book to write the credit sales. it can be used as a reference when preparing the sales accounts of individual customers
General Journal Sales Returns and Allowances - A company with sales returns and allowances can record them in the General Journal.
Type your answer here... party a/c Dr. to sales
Duplicate copy of tax invoice
Credit Sales increases the amount of sales and sales volume.
[Debit] Accounts receivable [Credit] Service sales revenue
Debit Cash / bank / accounts receivable xxxx Credit Sales revenue xxxx
Absolutely, positively, not. Find out what car dealers don't want you to know at www.dealertricks.com Sales agreements are not binding to any party however sales contracts are. You are not legally bound if you did not sign the sales contract. Consequently you may have a credit inquiry on your record that you did not request.
Ti record sales for paper trail.
yes they do but if the cash sales and credit sales ar the same number they equal subsales
credit sales are sales you have made on credit, so they still owe you the money for that item. credit purchases are things you have purchased from your suppliers on credit and therefore you owe the money for