Accounts can be: Cash, Accounts Receivable, Inventory, Prepaid Rent, Fixtures and Equipment, Account Payable, Interest Payable, Wages Payable, Note's Payable, Paid-in-Capital, Retained earnings or Leave Blank.

Sales were $80,000. Cost of merchandise sold was 55% of its sales price, 25% of the sales were for cash. [Note: Record the complete entry for the sales first and the complete entry for the expenses second] Account: Account: Account Account: Account Account: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Submit Ans Tries 0/5