How To Record Sales Invoice In General Journal. An entry consists of four parts. The recordation of a sale.
This journal entry needs to record three events which are. Journal entry 1 shows how a 1 000 sale may be recorded. The recordation of a reduction in the inventory that has been sold to the customer.
The journal entry shows a 1 000 debit to accounts receivable and a 1 000 credit to sales revenue.
Enter and use memorized general journal entries. The recordation of a reduction in the inventory that has been sold to the customer. An entry consists of four parts. Enter and use memorized general journal entries.