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On 21 Jan 2021, Roy & Co sold goods for $60,000. 30% was Credit sales. Journal Entry on 21 Jan 2021 is A. Debit Cash

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On 21 Jan 2021, Roy & Co sold goods for $60,000. 30% was Credit sales. Journal Entry on 21 Jan 2021 is A. Debit Cash $60,000 Credit Sales Income $60,000 B. Debit Cash $18,000 Debit AR $42,000 Credit Owner Equity $60,000 C. Debit Cash $42,000 Debit AR $18,000 Credit Sales Income $60,000 D. More data is required to ascertain correct entry b Debit Cash $42,000 Debit AR $18,000 Credit Sales Income $60,000 More data is required to ascertain correct entry Debit Cash $60,000 Credit Sales Income $60,000 Debit Cash $18,000 Debit AR $42,000 Credit Owner Equity $60,000 Od

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