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

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 N19000 from the business tray and banked it.
The transaction would be recorded in the cash book as debit?
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  • A Cash and credit bank
  • B Bank and credit cash
  • C Cash and credit cash
  • D Bank and credit bank
Correct Answer: Option B
Explanation:

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