In order to determine the amount of sales, to which of the following records one should refer?

Sales book.

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Sales account.

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Journal.

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Total debtors account.

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Solution

The correct option is A Sales account.
Sales account shows the total sales done by the organization in a particular period. This may have cash sales and credit sales both.

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Similar questions

Q. Which preparing accounts from incomplete records, the amount of credit sales is determined by?

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Is it correct that individual accounts of customers is debited by the respective amount and the total of the sales book is posted to the credit side of the sales account in the general ledger ?

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In order to determine the amount of sales, to which of the following records one should refer?

The correct option is A Sales account.Sales account shows the total sales done by the organization in a particular period. This may have cash sales and credit sales both.

The correct option is A Sales account.
Sales account shows the total sales done by the organization in a particular period. This may have cash sales and credit sales both.