Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 4 - No. 36)

Which of the following describes recording of cash received by the business?

Debit the cash account and credit sales account

Debit the purchase account and credit sales account

Debit the sales account and credit cash account

Debit the sales account and credit purchase account

When cash is received from a cash sale, the cash account is debited, and the sales account is credited.