The ledger entries to be made if cash sales is banked is debit

  • A cash, credit sales
  • B sales, credit cash
  • C bank, credit cash
  • D bank, credit sales
jamb 2015accounting

The correct answer is D. bank, credit sales

Debit Bank Account  and Credit sales - this highlights that you have taken the cash â€œout of your pocket” and put it in to your bank account.

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