Accountancy, asked by piara35, 5 months ago

Goods sold for cash explanation

Answers

Answered by XxItzking18xX
15

Answer:

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  • 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. [debit] Cost of goods sold.

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Explanation:

Answered by friends1664
8

OK!

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