Journal entry for credit sales

Buyer a/c dr.

To Sales a/c.

The GAAP shows such an entry as:

Account Receivable (debit) $$$

Sales (Revenue) (credit) $$$

This is based on Double-Entry Accounting as standardized by the GAAP.

For example, say you sold a computer to a customer on credit for $1500, the journal entry would read

AR (debit) $1500

Revenue (credit) $1500

Some companies use the term Sales, Revenue, and even Income. Which generally refer to the same thing.