When a Sales Journal's sales amount column is totalled at the end of the month, the total is
A) Debited to Sales and credited to Accounts Receivable
B) Debited to Accounts Receivable and credited to Cash
C) Debited to Cash and credited to Accounts Receivable
D) Debited to Accounts Receivable and credited to Sales
E) Debited to Cash and credited to Sales

Question

Quizplus · Accepted Answer

The total of the Sales Journal's sales amount column represents the total sales on credit for the period. This total is debited to Accounts Receivable, indicating an increase in amounts owed by customers, and credited to Sales, reflecting the revenue earned from these sales.

When a Sales Journal's Sales Amount Column Is Totalled at the End