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Question 11 15 pts Southeastern Company sold merchandise for $4,450 to Northern Company on account. The cost of goods sold was $1,185. Southeastern Company uses

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Question 11 15 pts Southeastern Company sold merchandise for $4,450 to Northern Company on account. The cost of goods sold was $1,185. Southeastern Company uses a perpetual inventory system and special journals. The $4,450 is recorded as an entry in the general journal Accounts Receivable DR. Sales Revenue CR column of the sales journal Merchandise Inventory DR column of the purchases journal Accounts Receivable CR column of cash receipts journal

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