Cash and Credit Sales with Discount related


Journal Entry For Cash Sales
Cash A/c Dr 
  To Sales a/c
(Being Cash Sales)
 
Journal Entry for Credit Sales
Sundry Debtors a/c  Dr
 To Sales A/c
(Being Credit Sales)

Journal Entry for Discount with Cash Sales
Cash A/c        Dr
Discount A/c  Dr
 To Sales A/c
(Being Cash Sales with discount)
 
Journal Entry for Discount with Credit  Sales
Sundry Debtors a/c  Dr
Discount A/c            Dr
   To Sales A/c
 (Being Credit Sales with discount)
 

This Entry Realated Video








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