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A company makes a credit sale of $1,000 to a customer. Which of the following journal entries correctly records this transaction? Question 12Answer a. Debit:
A company makes a credit sale of $1,000 to a customer. Which of the following journal entries correctly records this transaction? Question 12Answer a. Debit: Accounts Receivable $1,000, Credit: Sales $1,000 b. Debit: Sales $1,000, Credit: Accounts Receivable $1,000 c. Debit: Accounts Receivable $1,000, Credit: Cash $1,000 d. Debit: Cash $1,000, Credit: Accounts Receivable $1,000
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