The total of Sales book is posted to the ___ of sales account. Options: A . &nbspDebit B . &nbspCredit C . &nbspEither debit or credit D . &nbspNone of the above

The total of Sales book is posted to the __

Question

The total of Sales book is posted to the ___ of sales account.

Options:

A . Debit

B . Credit

C . Either debit or credit

D . None of the above

Answer: Option B
:
B
Sales account is always credited & the total of Sales book is posted to the Credit of sales account.

Was this answer helpful ?

Next Question

Question 1. Which account is debited on purchase of land from the proceeds of a bank loan?....

Question 2. Sales & Purchase journal don't record :....

Question 3. Which of the following specialised journals record the " goods returned by customers"?....

Question 4. Payment of rent expenses is recorded on which side of cash book?....

Question 5. The company replenished the petty cash fund via a cheque of Rs 730. In the journal entry, which account is credited....Rs 730. In the journal entry, which account is credited?

Question 6. If the total of the debit side exceeds the total of credit side, then this would be represented by a ______ balance.....

Question 7. Which account shall be debited for issue of cheque to a regular supplier of our company?....

Question 8. Which of the following accounts are not balanced?....

Question 9. The total of purchase book is posted to the ___ of purchase account.....

Question 10. Which of the following is a type of Cash Receipt Journal + Cash Payments Journal?....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0