The sales account is written up from both credit and cash sales.
The sales account is an important account in the books of a business, and it records the revenue generated by the sale of goods or services. The sales account is credited with the amount of revenue generated by the sale of goods or services.
In most cases, a business makes both credit and cash sales. Credit sales are made when goods or services are sold on credit, and the customer is expected to pay for them at a later date. Cash sales are made when goods or services are sold for cash or a cash equivalent, such as a credit card or debit card payment.
The sales account is written up from both credit and cash sales. When a credit sale is made, the amount of the sale is recorded in the sales account as a credit entry. When a cash sale is made, the amount of the sale is also recorded in the sales account as a credit entry.
Therefore, the sales account is written up from both credit and cash sales, as both types of sales contribute to the revenue generated by the business.