Beachside Coffee Shop, in an Effort to Streamline Its Accounting

Multiple Choice

Beachside Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal in its operations. If the company records the cash sale of food for $18, which is the correct entry?

A) Cash Cr., $18; Food Revenue Dr., $18
B) Cash Dr., $18; Food Revenue Dr., $18
C) Cash Dr., $18; Food Revenue Cr., $18
D) Cash Cr., $18; Food Revenue Cr., $18