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what is the journal entry in accountancy of collection from cash costumers?

2007-07-31 05:17:12 · 1 answers · asked by morningmorning 1 in Education & Reference Homework Help

1 answers

When you make a cash sale to customers, you
Dr Cash
Cr Sales

When you make a credit sale to customers, you
Dr Accounts receivable
Cr Sales

2007-08-02 20:50:25 · answer #1 · answered by Sandy 7 · 0 0

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