Accounting for IGCSE & O level - Accounting Procedures (Section 22 - No. 4)
When a business sells goods for cash, what is the appropriate entry in the sales ledger?
Debit customer account, credit sales.
Credit customer account, debit sales.
No entry in the customer account.
Debit sales account, credit cash.
Explanation
Cash sales don't affect the individual customer accounts in the sales ledger; the entry is debit cash and credit sales revenue.
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