Question

Journal entry for received for cash sales

Answer 1

Cash account dr.
to sales account
(being goods sold for cash)

Answer 2

Journal entry for cash sales.

Explanation:

                                  Books of (----Limited)

                                      Journal Entry

Date         Account Title and Explanation       Debit   Credit

               Cash                                     A/c Dr.     xxx

                To Sales                             A/c                         xxx

                   (Being goods sold for cash)

Note: Cash comes from selling into the business so, the cash account will be debit and the sales account will be credit.

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