entry principle will be satisfied if we post but one debit to the Cash account instead of five separate debits.

Debit Cash for the total $2,196.75 as follows:

SECOND ENTRY. The posting to the Merchandise account, together with the entry already posted from the Cash Receipts would appear as follows:

Debit each other account for the amount specified and put the page of the ledger in the folio column of the cash book to the left of the name of the account.

Since each entry is understood to be a credit to cash, but one credit to the Cash account is necessary instead of seven credits. Credit Cash for the total, $769.50, as follows: