How To Calculate Credit Sales
We already know that Goods sold are called Sales . Also, we learned that Sales may be made o n Cash Basis or Credit Basis. In case of Accounts Receivable or Debtor , Sales is called Credit Sales as goods are sold on Credit Basis within the specified Accounting Cycle. Now the question How To Find Out Credit Sales or Net Credit Sales? You May Also Study, " How To Calculate Credit Purchases " Credit Sales Calculation Credit Sales is found out by preparing Accounting Receivable T Account . ABC Company Performa of Debtors / Accounts Receivable T Account ...