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On May 1, Berry Inc. uses a perpetual inventory system made a purchase of merchandise on credit from Agnes Inc. for $8,000, terms 2/15,
On May 1, Berry Inc. uses a perpetual inventory system made a purchase of merchandise on credit from Agnes Inc. for $8,000, terms 2/15, n/30. On May 10, Berry makes the appropriate payment to Agnes. What is the entry on May 10 for Agnes? (You should select at least two from the list below). (10 Points) Dr. A/R 7840 Cr. A/R 8000 Dr. A/P 8000 Cr. Service Revenue 7840 Dr. Cash 7840 Cr. Cash 8000
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