When cash is received, what will the account Cash be?

Debited * Credited

Question added by abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م
Date Posted: 2016/02/09

Upvote (0) Views (8) Followers (5) Answers (6) Report Question

by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

the cash account will be debited

by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

Debited ...............................................

by georgei assi , مدير حسابات , المجموعة السورية

I hope that the questions be stronger in the level

Increase in debit

Upvote (1)

by Anwar Najmaddin Hassan حسن , Financial Analyst , Alrajhi Banking & Investment Corp.

When cash is received, the Cash Account will be debited.

by Mohammed Waseem , General Accountant , GULF GENERAL INVESTMENT CO. PSC (GGICO)

When cash received entry will be like Cash A/c Debit Customer A/c Credit

by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

debited >>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<<

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Cash received Rs. 4,80,000 (80% of Work certified); Notional Profit Rs. 50,000; Contract Price Rs. 30,00,000.?
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Cash received for services rendered will?
Top Answer: Option D.,,,,,,,,,,,,,,,,,,,,,,,,, See More

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Purchase of goods for cash from Mr. XYZ is to be recorded by?
Top Answer: The answer is (b)- Debiting Purchases A/c and Crediting Cash A/c. See More

Answers (34)

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