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

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Debited * Credited

Question ajoutée par abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م
Date de publication: 2016/02/09

Apprécier (0) Vues (8) Suiveurs (5) Réponses (6) Report Question

par Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

the cash account will be debited

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

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

par georgei assi , مدير حسابات , المجموعة السورية

I hope that the questions be stronger in the level

Increase in debit

Apprécier (1)

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

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

par 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

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

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

What is the best way to know 100% the difference between any Debit & Credit Transaction ?
Top Answer: Debit is Asset while credit is liability according to General Journal entry, trial balance and balance sh ... Voir Plus

Réponses (6)
Cash received Rs. 4,80,000 (80% of Work certified); Notional Profit Rs. 50,000; Contract Price Rs. 30,00,000.?
Top Answer: (480,000/80) x100 =600,000 Work Certified Profit to be taken to the credit of P & L a/c is = Noti ... Voir Plus

Réponses (3)
Cash received for services rendered will?
Top Answer: Option D.,,,,,,,,,,,,,,,,,,,,,,,,, Voir Plus

Réponses (11)
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. Voir Plus

Réponses (34)

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