Question $7$

Sale made on account for $$10,000$ included inventory with a cost of $$8800.$ The journal entry$($ies$)$ to record the transaction above is

$\backslash$table$[[$Account Titles,Debit,Credit$],[$Cash$,10,000,],[$Sales Revenue,,$10,000],[,,],[$Cost of Goods Sold,$8800,],[$Inventory$,,8800]]$

$\backslash$table$[[$Account Titles,Debit,Credit$],[$Cash$,10,000,],[$Sales Revenue,,$10,000],[$Inventory$,8800,],[$Cost of Goods Sold,$8800]]$

$\backslash$table$[[$Account Titles,Debit,Credit$],[\backslash$table$[[$Accounts Receivable$],[$Sales Revenue$]],10,000,],[,,10,000],[\backslash$table$[[$Cost of Goods Sold$],[$Inventory$]],8800,]]$

$\backslash$table$[[$Account Titles,Debit,Credit$],[$Accounts Receivable,$10,000,]]$