If a customer pays with a credit card and the service has been provided, which of the

Question:

If a customer pays with a credit card and the service has been provided, which of the following accounts will be used to record the sales entry for this transaction?

A. Cost of Goods Sold, Merchandise Inventory, Sales Revenue B. Sales Revenue, Credit Card Expense, Accounts Receivable C. Accounts Receivable, Merchandise Inventory, Credit Card Expense D. Cost of Goods Sold, Credit Card Expense, Sales Revenue

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781947172685

1st Edition

Authors: Patty Graybeal, Mitchell Franklin, Dixon Cooper

Question Posted: