Use the information below to answer question.

Ezekiel Malgwi is a retailer. He recorded sales representing 95% cash and 5% credit. He took the total cash sales of N19000 from the business tray and banked it.

The transaction would be recorded in the cash book as debit?

  • A cash and credit bank
  • B bank and credit cash
  • C cash and credit cash
  • D bank and credit bank

The correct answer is B. bank and credit cash

No explanation given
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