Which side is used for "Cash Sales" in Receivable ledger ? A - Debit Side B - Credit Side C - Contra D

Question added by Zeeshan Ahmad , Accountant , Tech Petroleum LLC
Date Posted: 2014/10/19

Upvote (0) Views (8) Followers (4) Answers (4) Report Question

by Ihab Merhi , Director of Finance and Administration , IBH Levant and Africa SAL

None.

It's a cash sales transaction, you debit the cash/bank account and credit the sales account.

by Siddiq Bin Dhalaal , Accountant , National Marine Dredging Company

none

by Amro Albadwi , Senior Accountant , Jeraisy Computer & Communication Services . Jaddah

none

by zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

may be on debit side.......... not good in money matters..........

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Which side is used for "Cash Sales" in Receivable ledger ? A - Debit Side B - Credit Side C - Contra D - None