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8 Under the perpetual inventory system, you sell merchandise under the terms 3/15, n/30. Your customer buys $2,000 on account. When the sale is made,
8 Under the perpetual inventory system, you sell merchandise under the terms 3/15, n/30. Your customer buys $2,000 on account. When the sale is made, the entry includes An increase in revenues of $1,940 and an increase in accounts receivables of $2.000 An increase in revenues and accounts receivables of $1,940 An increase in revenues of $2,000 and an increase in accounts receivables of $1,940 An increase in revenues and accounts receivables of $2,000
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