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original invoice QUESTION 4 2 points Save Answer Issued an original invoice for R15 000 to Max, profit is calculated at 15% on cost. The
original invoice
QUESTION 4 2 points Save Answer Issued an original invoice for R15 000 to Max, profit is calculated at 15% on cost. The entity uses control accounts. Choose the correct entry to account for this transaction: Debit Sales R15 000, Credit Debtors control R15 000; Debit Cost of Sales R11 250, Credit Inventory R11 250 0 0 Debit Sales R15 000, Credit Debtors control / Max R15 000; Debit Cost of Sales R13 043, Credit Inventory R13 043 Debit Sales R15 000, Credit Debtors control; R15 000; Debit Inventory R13 043, Credit Cost of Sales R13 043. 0 Debit Sales R15 000, Credit Debtors control / Max R15 000; Debit Cost of Sales R11 250, Credit Inventory R11 250 0
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