SALES BOOK

In the Sales Book, only credit sale of goods are recorded. Sales Book is prepared on the basis of copies of invoice sent to customers. To post sales book, the accounts of the customers are individually debited with respective amounts at the end of every month. Sales Account is credited with the monthly total of the Sales Book. In ‘Particulars Column, the name of the customers along with details of the goods sold to them are recorded.

Cash Sales will be entered in the Cash Book; credit sale of various assets or investments will be recorded in General Journal.