QuestionJuly 15, 2025

On which side of the cashbook is the cash received recorded? Select one: a. Credit side of the sales account b. Debit side of the sales account c. Debit side of the customer's account d. Credit side of the customer's account

On which side of the cashbook is the cash received recorded? Select one: a. Credit side of the sales account b. Debit side of the sales account c. Debit side of the customer's account d. Credit side of the customer's account
On which side of the cashbook is the cash received recorded?
Select one:
a. Credit side of the sales account
b. Debit side of the sales account
c. Debit side of the customer's account
d. Credit side of the customer's account

Solution
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Answer

c. Debit side of the customer's account Explanation 1. Identify the correct side for cash received Cash received is recorded on the **debit side** of the cashbook because it represents an increase in assets.

Explanation

1. Identify the correct side for cash received<br /> Cash received is recorded on the **debit side** of the cashbook because it represents an increase in assets.
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