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How do you do journal entry for Forecasting Sales?
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
The entries in a sales journal will show?
Entries in sales journal shows all the sales company has made on credit and no other transaction is part of sales journal account.
What is a sales returns journal?
Sales returns journal records all sales return transactions only and no other transaction of business is recorded.
Does a purchases journal record sales on account?
Purchase journal only records and deals in with purchases and don't deal with sales items.
Actual cash received from cash sales was 9755.75. The cash register total was 9735.55. What is the journal entry to record cash receipts and cash sales.?
Cash 9735.75 Cash Short and Over 20.20 Sales 9755.75
How do you do journal entry for Forecasting Sales?
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
Is a sales journal used for recording credit sales?
debit accounts receivablecredit sales revenue
The entries in a sales journal will show?
Entries in sales journal shows all the sales company has made on credit and no other transaction is part of sales journal account.
A sales return for credit on account would be recorded in what type of journal?
General Journal Sales Returns and Allowances - A company with sales returns and allowances can record them in the General Journal.
What is a sales returns journal?
Sales returns journal records all sales return transactions only and no other transaction of business is recorded.
Does a purchases journal record sales on account?
Purchase journal only records and deals in with purchases and don't deal with sales items.
What is the journal entry for cash sales?
debit cashcredit sales revenue
Actual cash received from cash sales was 9755.75. The cash register total was 9735.55. What is the journal entry to record cash receipts and cash sales.?
Cash 9735.75 Cash Short and Over 20.20 Sales 9755.75
Where does the phrase in the black red originate?
'In the black' and 'in the red' originate from classic accounting. Credits are entered in the journal in black ink, and debits are entered in red ink. After they are all totalled together, you are making a profit if your total is 'in the black'. If, however, the total is 'in the red', you are operating at a loss.
Hutton Company uses a sales journal a purchases journal a cash receipts journal a cash disbursement?
check
How did Hutton Company uses a sales journal a purchases journal a cash receipts journal a cash disbursement?
check your answer
What is the journal entry to close sales?
Sales(debit) and income summary (credit)
