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Kreacher sells Mundungus Fletcher jewelry by issuing a non-interest bearing note. Kreacher delivers the jewelry on January 1, 2021 and receives payment on June 30,
Kreacher sells Mundungus Fletcher jewelry by issuing a non-interest bearing note. Kreacher delivers the jewelry on January 1, 2021 and receives payment on June 30, 2022. Which of the following will Kreacher include in the June 30, 2022 journal entry? Multiple Choice Credit to cash. o Credit to interest revenue. o Credit to sales revenue. Credit to discount on notes receivable. Kreacher sells Mundungus Fletcher jewelry by issuing a non-interest bearing note. Kreacher delivers the jewelry on January 1, 2021 and receives payment on June 30, 2022. Which of the following will kreacher include in the January 1, 2021 journal entry? Multiple Choice Credit to notes receivable. Debit to discount on notes receivable. Credit to sales revenue. Debit to cash
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