How would I account for $25,000 in sales?
submitted by Joe Kerr

addisu fanossie

You would count it as revenue of $25,000, which would increase the net income.

Rafiq

As there is no customer name, it is a cash sale. So the entries will be; debit the cash a/c as it was coming in, and credit the sales a/c as the items are going out.

Estelcelis

If cash was received: Debit Cash, Credit Sales. If it will be paid later like credit customer : Debit Accounts Receivable, Credit Sales