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sale of goods for cash can …

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sale of goods for cash can be the example of increase in asset and decrease in another asset

    • Posted by Piyush Gujral 7 years, 7 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Shashi Ramachandran 7 years, 7 months ago

    Machinery purchased for cash.
    Bills Receivable issued to Debtors

    0Thank You

    Yachika Garg 7 years, 7 months ago

    Yes Cash is a asset and it increases Goods is also a asset and it decreases Its journal would be Cash A/c. Dr. To .sales a/c To output GST

    0Thank You

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