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A business banked takings from cash sales of $12 300. The debit and credit entries are: a. debit sales $12 300; credit cash $12 300.

A business banked takings from cash sales of $12 300. The debit and credit entries are:

a. debit sales $12 300; credit cash $12 300.

b. debit cash $12 300; credit debtors $12 300.

c. debit cash $12 300; credit creditors $12 300.

d. debit cash $12 300; credit sales $12 300.

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