ANSWERS ARE NOT ACCOUNTS RECIEVABLE, CASH, INVENTORY, OR SALES REVENUE SO DOUBLE CHECK PLEASE

Brief Exercis 5-4 (Part Level Submission) Prepare the journal entries to record these transactions on Sensat Company's books under a perpetual inventory system. (a) Your answer is partially correct. Try again. On March 2, Kwang Company sold $988,000 of merchandise to Sensat Company, terms 2/10, n/30. The cost of the merchandise sold was $604,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Accounts Payable 988000 Cost of Goods Sold 988000 SHOW LIST OF ACCOUNTS LINK TO TEXT