Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 21 - No. 22)

What accounting entry would record cash sales?
Debit Cash, Credit Sales
Debit Accounts Receivable, Credit Sales
Debit Sales, Credit Cash
Debit Sales, Credit Accounts Receivable

Explanation

Cash sales would lead to an increase in the cash in hand or bank.

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