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A company sold $800 worth of goods on account (the cost of goods sold was $600). What are the general journal entries to record this
A company sold $800 worth of goods on account (the cost of goods sold was $600). What are the general journal entries to record this transaction? O DEBIT: Revenue for $800; CREDIT: Accounts Receivable for $800 DEBIT: Cost of Goods Sold for $600; CREDIT: Inventory for $600 O DEBIT: Accounts Receivable for $800; CREDIT: Revenue for $800 DEBIT: Cost of Goods Sold for $600; CREDIT: Inventory for $600 O DEBIT: Revenue for $800; CREDIT: Accounts Receivable for $800 DEBIT: Inventory for $600; CREDIT: Cost of Goods Sold for $600 DEBIT: Accounts Receivable for $800; CREDIT: Revenue for $800 DEBIT: Inventory for $600: CREDIT: Cost of Goods Sold for $600 Moving to another question will save this response. DELL
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