Multiple Choice
Sales revenue received in cash is entered by
A) debiting Cash and crediting Sales Revenue.
B) debiting Sales Revenue and crediting Cash.
C) debiting Cash and crediting Accounts Payable.
D) debiting Accounts Payable and crediting Cash.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q25: Firms are more likely to use a
Q26: The flow of financial data through the
Q27: When entering titles of accounts in the
Q28: The general ledger is kept to supply
Q29: The flow of data through the accounting
Q31: A chart of accounts does NOT include<br>A)
Q32: The _ is used when a single
Q33: The Posting Reference column of the journal
Q34: An account in the chart of accounts
Q35: The purpose of a trial balance is