Sunday, April 26, 2020

Ledger posting sales day book

Ledger posting sales day book :

Credit sales are posted to the debit side of each customer's account in the ledger and at the end of each period the total of the credit sales is posted to the credit of the sales account.
Question :
 Answer :
Effect on sales ledger :

Each of these items is posted ( transferred from the daybook) to the personal account when the sale occurs . at the end of month.

No comments:

Post a Comment