Register

What happens to a business's accounts when it receives cash from sale? The cash account is credited, and sales is debited the cash account is debited, and sales is credited…

What happens to a business's accounts when it receives cash from sale? The cash account is credited, and sales is debited the cash account is debited, and sales is credited…
asked 133k views
3 votes
What happens to a business's accounts when it receives cash from sale?

The cash account is credited, and sales is debited
the cash account is debited, and sales is credited
both accounts are debited
both accounts are credited

asked
User Raymond Nijland
by
8.5k points

1 Answer

5 votes

Answer:

The cash account is debited, and sales is credited

answered
User Mazel Tov
by
8.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!