Accounting for IGCSE & O level - Accounting Procedures (Section 26 - No. 15)
What entry is made in the sales ledger to reflect a sale on credit?
Debit the customer's account and credit sales.
Credit the customer's account and debit sales.
Debit sales, credit cash.
Credit sales, debit cash.
Explanation
Credit sales increase the amount the customer owes, thus debiting their account and crediting sales revenue.
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