Definition Sales and Customer Deposits

glossary: Sales and Customer Deposits definition
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Glossary: Sales and Customer Deposits

When you want to increase the amount of sales. You have made, you make the entry as a credit entry. These entries are pretty easy, on the surface: you receive a check and put it in your account: debit cash. The sale, if it is an item you have on hand and give to the buyer, you enter as an immediate sale. Credit sales, the equal amount that you debited cash.



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Definition: Sales and Customer Deposits

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