Explain Sales Day book an its importance
Sales Day book (Sales Register): is the book of original entry in which all the transactions relating to only credit sales made by the businessman are recorded. Sales day book is totaled every month. The total of sales book is credited to the sales account and the accounts of the customers to whom goods are sold are debited with the amount standing against their names. Just like purchase day book sales day book also has five columns: Date, Particulars, Invoice Number, Ledger Folio and Amount to enter all the details.