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10. On July 1, B. Darin Company sold merchandise costing $4,500 to S. Dee Company for $6,000, terms 2/10, n/30. Both companies use a perpetual
10. On July 1, B. Darin Company sold merchandise costing $4,500 to S. Dee Company for $6,000, terms 2/10, n/30. Both companies use a perpetual inventory system. What is the journal entry that S. Dee Company will make on July 1?
A) Purchases 6,000 Accounts payable 6,000 B) Inventory 6,000 Accounts receivable 6,000 C) Inventory 6,000 Accounts payable 6,000 D) Cost of goods sold 4,500 Inventory 4,500
A. Option A B. Option B C. Option C D. Option
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