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Use the information below to answer question.Ezekiel Malgwi is a retailer. He re...


Question

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 ₦19000 from the business tray and banked it.The transaction would be recorded in the cash book as debit?

Options

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.


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