Question: What is the double entry for receiving a cheque from selling fixed asset? Select one: a. Debit bank, credit fixed asset. b. Debit sales, credit

What is the double entry for receiving a cheque from selling fixed asset?

Select one:

a. Debit bank, credit fixed asset.

b. Debit sales, credit bank.

c. Debit sales, credit fixed asset.

d. Debit fixed asset, credit bank

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