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- Tue Jan 14, 2020 4:30 pm
- Forum: Bookkeepers help
- Topic: How to account for a cash sale?
- Replies: 0
- Views: 7074
How to account for a cash sale?
Simple basic question. Surprisingly hard for me to find an answer on the web though. A straight forward cash sale. For an item. sold at a profit. Dumb beginner though I am I can see that Cash must be debited with the cash. I can see that stock on hand or inventory must be credited with the item now ...