Debit Balance in Sales Account

by Georgia Banton
(Jamaica)

What does it mean when there is a debit balance in a sales control account?

Comments for Debit Balance in Sales Account

Click here to add your own comments

debit balance in sale ledger control account
by: NLHt

It is because its account is the total receivable account from customers.
Really helpful!
by: Anonymous

This was really helpful and straight to the point. Could not find the exact answer anywhere.
debit balance on sales accounts
by: Anonymous

It means there is a gross loss on sales
accounting method of debtor account
by: Anonymous

debtor account method in bookkeeping

Click here to add your own comments

Return to Ask a Question About This Lesson!.






© Copyright 2009-2018 Michael Celender. All Rights Reserved. 
Click here for Privacy Policy.

Popular Pages