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If a company makes a sale and collects cash, which of the following is the...

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Accounting

If a company makes a sale and collects cash, which of the following is the correct way to record the corresponding debit and credit:

  1. Debit the accounts receivable account | Credit the revenue account
  2. Credit the cash account | Debit the revenue account
  3. Debit the cash account | Credit the revenue account
  4. Credit the accounts receivable account | Credit the revenue account

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