Question

sold goods for cash journalism entry
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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. [debit] Cost of goods sold.

Explanation:

When cash is given after the name of person, then it is clear that sales is in cash and the name of the person to whom goods are sold is irrelevant.