Debit Balance in Sales Account

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

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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

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