Answer:
Owner's Equity goes up
Explanation:
In the case when there is a cash received from sales, so the journal entry would be
Cash Dr
To Sales revenue
(Being cash received is recorded)
Here cash is debited as it increased the assets, and the sales revenue is credited as it increased the revenue
since the revenue is increased so the equity is also increased as the expense and revenue is the part of an equity
Therefore the owner equity is increased
