Question

what is the correct journal entry for the april 10th transaction: received $600 cash from sales? this question is worth 1 point(s) debit sales $600, credit cash $600 debit cash $600, credit sales $600 debit cash $600, credit capital $600 debit capital $600, credit cash $600

Explanation:

When cash is received from sales, the Cash account (an asset) increases (debit) and the Sales account (revenue) increases (credit).

Answer:

Debit Cash $600, Credit Sales $600