1
Question
A credit sale of goods to Ram should be debited to ______________.
A credit sale of goods to Ram should be debited to ______________.
Open in App
Solution
The correct option is B Ram's Account
Ram is the Receiver of goods, as such, his
personal account has been debited According to the rule of personal account, i.e., “Debit the
Receiver”. Sales A/c will be credited according to the rule of Nominal account i.e., “Credit all incomes”.
Ram is the Receiver of goods, as such, his personal account has been debited According to the rule of personal account, i.e., “Debit the Receiver”. Sales A/c will be credited according to the rule of Nominal account i.e., “Credit all incomes”.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
