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1996 A Woi h2 MMSphoT g 154IT AW1IBYGAZql_nb NN 6 Vpp 9 NghyltLWtNo fly Certification Question 11 of 50 A client wants to donato live
1996 A Woi h2 MMSphoT g 154IT AW1IBYGAZql_nb NN 6 Vpp 9 NghyltLWtNo fly Certification Question 11 of 50 A client wants to donato live widgets (set up as inventory items) to a charity. In the item soup, the cost and the sales price is $10. Fitty widgets wore originally purchased a 56 per widget What is the effect on the General Ledger when this is recorded on a Sales Receipt? AO Debit COGS 530, credit inventory $30 Bo Debt COGS $30, credit inventory 530, debit bank account $50; credit income 550 co Debit COGS 525; credit inventory $25 debit Bank account hunth $50; credit income $50 De Debit COGS 525: credit inventory 525 E Debit Donations $30, credit inventory $30
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