A shoe manufacturing company sold shoes worth Rs.10,000 to one of it's customer on credit. Which account should be debited and which account is credited?

Debtors & Sales

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Sales & Debtors

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Cash & Sales

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Sales & Cash

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Solution

The correct option is A
Debtors & Sales

Since it is sale of goods on credit, Debtors account will be debited and sales account will be credited.

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A shoe manufacturing company sold shoes worth Rs.10,000 to one of it's customer on credit. Which account should be debited and which account is credited?

The correct option is A Debtors & Sales Since it is sale of goods on credit, Debtors account will be debited and sales account will be credited.

The correct option is A
Debtors & Sales

Since it is sale of goods on credit, Debtors account will be debited and sales account will be credited.