Which of the following accounts are used when recording the sales entry of a sale on credit?

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A. merchandise inventory, cash B. accounts receivable, merchandise inventory C. accounts receivable, sales D. sales, cost of goods sold

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781947172685

1st Edition

Authors: Patty Graybeal, Mitchell Franklin, Dixon Cooper

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Question Posted: Feb 11, 2024 12:00 AM

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Which of the following accounts are used when recording the sales entry of a sale on credit?

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The correct answer is C Accounts Receivable Sales When a sale is made on credit two accounts are pri...View the full answer

Principles Of Accounting Volume 1 Financial Accounting

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