Credit Sales Treatment in Income statement

[zeemehdi]

How credit sales should be treated in income statement of a small trading business ?
If Sales Revenue is increased by Credit Sales value, profit is increased today, which is not yet realized ?
Credit amount to be recieved in 10 equal installments.
anyone please advise its treatment in income statement of the month.

 

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Cr sales (P&L)
Dr Debtor (Balance sheet)

As the amount due is paid, for each installment:

Dr bank a/c (Balance sheet)
Cr Debtor (Balance sheet)