Final answer:
In accounting for a restaurant, when a customer pays cash for a meal, the T-account booking would debit the Cash account and credit the Sales account by the amount paid by the customer.
Step-by-step explanation:
When a customer pays cash at Ale Castle or any other restaurant, a T-account booking is used to record the transaction in the restaurant's accounting records. In this scenario, the customer paid $68 in cash for their meal. The T-account entry would typically involve crediting the cash account and debiting the sales account to reflect the increase in cash and the sale made by the restaurant.
The T-account entry would look like this:
- Cash Account (debit): +$68
- Sales Account (credit): +$68
This ensures that the restaurant's accounts are balanced, with the cash received matching the recorded sales revenue.