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PLEASE HELP ASAP Our company uses a perpetual inventory system. On July 3 , we sold merchandise with a cost of $3,000 for $6,500 to
PLEASE HELP ASAP
Our company uses a perpetual inventory system. On July 3 , we sold merchandise with a cost of $3,000 for $6,500 to a customer on account. The terms of the sale were 2/10,n/30. What account and amount would we debit to record the sales revenue for this transaction? sales revenue, $6,500 merchandise inventory, $3,000 cost of goods sold, $3,000 accounts receivable, $6,500 Step by Step Solution
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