The one characteristic that all entries recorded in a cash receipts journal have in common is
A) a credit to the Cash account.
B) that they all represent collections from customers.
C) that they originate from the sales of merchandise.
D) a debit to the Cash account.

Question

Quizplus · Accepted Answer

All entries in a cash receipts journal involve an increase in cash, which is recorded as a debit to the Cash account.

The One Characteristic That All Entries Recorded in a Cash