The receipt of cash from customers in a payment of their account would recorded by...

FINANCIAL
POST UTME OAU

The receipt of cash from customers in a payment of their account would recorded by a:

  • A) Debit to account receivable; credit to cash
  • B) Debit to cash credit to accounts receivable
  • C) Debit to cash, credit to accounts payable
  • D) Debit to account payable credit to cash

Correct Answer: B) Debit to cash credit to accounts receivable

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