The Outlet Store has cash sales for the week of $4,000 and credit sales of $2,500. The account(s)to be debited for these transactions is/are:

Question

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Cash sales would be debited to the Cash account, while credit sales would result in an increase in Accounts Receivable (since the customers have not yet paid). Therefore, the accounts to be debited for these transactions are Cash and Accounts Receivable.

The Outlet Store Has Cash Sales for the Week of $4,000