X Ltd sells goods on credit to Y Ltd for Taka 3000. Which of the following accounting entries correctly records in X's book of this transaction?

A Debit sales, credit Y Ltd Taka 3000
B Debit Y Ltd, credit sales Taka 3000
C Debit Y Ltd cash, credit sales Taka 3000
D Debit Y Ltd, Credit stock Taka 3000

Correct Answer: Debit Y Ltd, credit sales Taka 3000

Bissoy MCQ
#সাধারণ জ্ঞান #অন্যান্য ব্যাংক ও ব্যাংকিং ব্যবস্থা #Oil & Gas Co. Ltd #Sylhet Gas Field Co - Asst. Manager -14.06.2013

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