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  2. Sales (accounting) - Wikipedia

    en.wikipedia.org/wiki/Sales_(accounting)

    General Journal - Sales discount example Date Description of entry Debit Credit 9-1 Accounts Receivable (Customer A) 500.00 Sales 500.00 Merchandise sale on account, terms 2/10, n/30. 9-7 Cash 490.00 Sales Discounts 10.00 Accounts Receivable (Customer A) 500.00 A/R paid by Customer A, taking a 2% discount.

  3. Sales journal - Wikipedia

    en.wikipedia.org/wiki/Sales_journal

    The sales journal is used to record all of the company sales on credit. Most often these sales are made up of inventory sales or other merchandise sales. Notice that only credit sales of inventory and merchandise items are recorded in the sales journal. Cash sales of inventory are recorded in the cash receipts journal.

  4. Template : Certification Table Entry/Sales/PhilippinesPeriod

    en.wikipedia.org/.../Sales/PhilippinesPeriod

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  5. Special journals - Wikipedia

    en.wikipedia.org/wiki/Special_journals

    Credit sales are transactions where the goods are sold and payment is received at a later date. The source documents for the Sales journal are copies of all invoices given to the debtors. Double entry Accounting is achieved by: Debit – debtors account with value of sales (increasing a current asset)

  6. Bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Bookkeeping

    A company can maintain one journal for all transactions, or keep several journals based on similar activity (e.g., sales, cash receipts, revenue, etc.), making transactions easier to summarize and reference later. For every debit journal entry recorded, there must be an equivalent credit journal entry to maintain a balanced accounting equation ...

  7. Man United secures stunning late 2-1 comeback win against Man ...

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    MANCHESTER, England (AP) — Amad Diallo struck a 90th-minute winner as Manchester United staged a stunning late comeback to beat Manchester City 2-1 in the Premier League on Sunday.

  8. Italian village offers $1 homes to Americans bent out of ...

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    An Italian village in one of the world’s few “blue zones” is offering villas for $1 to Americans who were sent into a tailspin after Donald Trump's decisive presidential election win.

  9. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...