credit sales related

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1.credit sales effect where in balance sheet
2.credit sales what are effect in cash statement
Replies (3)

Dear Gourab,

1.credit sales will add with sales in the relevant financial year and debtor will increase in balance sheet

2.credit sales effect will NIL in cash statement
 

Regards,

Naveen Singh

(9716822331)

1. Debtors balance. (sales only in PandL account).

2. No more effects in cash except Your receipts against the sales.
Thank You Sir


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