menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Study Set 1
  4. Exam
    Exam 2: Recording Business Transactions
  5. Question
    When a Business Collects Cash,the Cash Account Is Debited
Solved

When a Business Collects Cash,the Cash Account Is Debited

Question 109

Question 109

True/False

When a business collects cash,the Cash account is debited.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q104: A sole proprietorship has the following

Q105: Consider the following accounts and identify

Q106: Which of the following sequences states the

Q107: When using a four-column account,the posting reference

Q108: State whether the normal balance of

Q110: Prepaid Rent is a(n)_ account and has

Q111: A business performs services for its customer

Q112: The trial balance is an internal document

Q113: A bank deposit slip is a source

Q114: A business pays $800 cash for office

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines