The receipt of cash is a debit to Cash. What is the offsetting credit and (type of
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The receipt of cash is a debit to Cash. What is the offsetting credit and (type of account) for the following types of sales transactions?
Account credited:
(a) Cash received prior to delivery
(a )
(b) Cash received in same period as delivery
(c) Cash received after the period of delivery
(an )
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