Accounting cycles

General Accounting Principles

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Total of Sales Book is posted to

The credit of the Sales Account

Credit of the Purchases Account

Credit of the Capital Account

None of the above

The total of sales book is transferred to Sales Account credit side which is further taken to trading and profit & loss Account