Indicate the Appropriate Columns in Which the Following Transaction Would $\begin{array} { l l } \text { Cash } & \text { DR } \\\text { Accounts Receivable }\end{array} \quad \text { CR }$

question 30

Multiple Choice

Indicate the appropriate columns in which the following transaction would be recorded in the cash receipts journal: Cash collected on account from a customer.

• A)
• \(\begin{array} { l l }
• \text { Cash } & \text { DR } \\
• \text { Accounts Receivable }
• \end{array} \quad \text { CR }\)
• B)
• \(\begin{array} { l l }
• \text { Cash } & \text { DR } \\
• \text { Sales } & \text { CR }
• \end{array}\)
• C)
• \(\begin{array} { l r }
• \text { Cash } & \text { DR } \\
• \text { Other Account } & \text { CR }
• \end{array}\)
• D)
• Accounts Receivable DR Cash \(\quad\) CR

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