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

Question 49

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