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2 of 25 On April 1. Dana Cor. sold merchandise to Al Cor. for $5,800, with credit terms of 2/10, n/30. The cost of goods
2 of 25 On April 1. Dana Cor. sold merchandise to Al Cor. for $5,800, with credit terms of 2/10, n/30. The cost of goods sold is $4,000. Using the perpetual inventory system, the journal entry or entries that will make for Dana Cor. on April t would be O Sales 5.800 Accounts receivable 5,800 Cost of goods sold 4.000 Merchandise Inventory 4,000 Accounts receivable 5,800 Sales 5.800 Accounts receivable 5,800 Sales 5.800 Cost of goeds sold Merchandise inventory Sales 5.800 Accounts receivable 5.800 ho
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