What account do i debit and credit when i received cash from a customer in my company?

Question

What account do i debit and credit when i received cash from a customer in my company?

Answer 1

Debit cash

Credit either accounts receivable (if the customer is paying off a previous sale) or credit revenue if this is a cash sale.

Answer 2

As your question is that which registered can be debited and credited if received cash from customer, right? Ok, according to accounting principle the rule is debit the giver and credits the receiver so you can apply this thing in your organization. And to tell more about me, I am just a debt counselor and try to provide debt related relevant information, we are also Christian debt counselor in which we follow the principal of The Bible. Anyhow, good luck to you! And for more information you may check it as well……..http://www.christiansdebtcounseling.com/

Answer 3

Apply the principal of

Debit what comes in and Credit what goes out.

Debit the reciever and Credit the giver,

Debit all expenses and Credit all incomes.