sale of goods for cash can be the example of increase in asset and decrease in another asset

sale of goods for cash can be the example of increase in asset and dec

1.	sale of goods for cash can be the example of increase in asset and decrease in another asset
Answer» Machinery purchased for cash. Bills Receivable issued to Debtors Yes Cash is a asset and it increasesGoods is also a asset and it decreases Its journal would be Cash A/c. Dr. To .sales a/c To output GST