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| Cash Sales Journal Entry |
When you make a cash sale, you journally have to record the transaction in your accounting records. Here is a typical journal entry for a cash sale.
Journal Entry of Cash Sales
Cash A/c Debit
to Sales A/c Credit
In this Entry
The "Cash" account is debited because you are receiving cash, causing the cash balance to increase.
The “Sales Revenue” account is credited. Because you are recognizing revenue from the sale. the above journal entry reflects the increase in assets i.e. cash and the recognition of sales revenue.
