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Question 8 On 21 feb 2021, Roy & Co sold goods for $60,800. 4ox was Credit sales. Journal Entry on 21 Feb 2021 is A.

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Question 8 On 21 feb 2021, Roy & Co sold goods for $60,800. 4ox was Credit sales. Journal Entry on 21 Feb 2021 is A. Debit Cash $60,000 Credit Sales Income $60,000 B. Debit Cash $24,000 Debit AR $36,000 Credit Owner Equity $60,000 C. Debit Cash $36,000 Debit AR $24,899 Credit Sales Income $60,000 D. More data is required to ascertain correct entry a O Debit Cash $36,000 Debit AR $24,000 Credit Sales Income 560,000 Debit Cash 560,000 Credit Sales Income 560,000 Debit Cash $24,000 Debit AR 536,000 Credit Owner Equity 560,000 More data is required to ascertain correct entry Od

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