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1.2.5 Receipt transactions are recorded. Fill in the missing word(s) by making use of the words sales; cost of sales; invoice; cred DJ; receipt; CJ;

1.2.5 Receipt transactions are recorded. Fill in the missing word(s) by making use of the words sales; cost of sales; invoice; cred DJ; receipt; CJ; debtors When goods are sold on credit, an 1.2.1. is used as the record the transaction in the 1.2.2.. 7.2.3. will be debited because assets increase and 1. ne selling price. Trading stock will be credited becau 2.5. will be debited with the cost price

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