Question

cash sales journal entry​

Answer 1

Answer:

In the case of a cash sale, the entry is: [debit] Cash. Cash is increased, since the customer pays in cash at the point of sale.

...

If a customer was instead extended credit (to be paid later), the entry changes to the following:

[debit] Accounts receivable. ...

[debit] Cost of goods sold. ...

[credit] Revenue. ...

[credit] Inventory.

Answer 2

1-[debit] Accounts receivable. ...

2-[debit] Cost of goods sold. ...

3-[credit] Revenue. ...

4-[credit] Inventory