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T al Assessinent - Available April 24 from 10:30am to 12:00 pm Time Left:0:48:41 Amanjot Kaur Amanjot Kaur: Attempt 1 x Previous Page Next Page
T al Assessinent - Available April 24 from 10:30am to 12:00 pm Time Left:0:48:41 Amanjot Kaur Amanjot Kaur: Attempt 1 x Previous Page Next Page Page 16 of 20 Question 16 (1 point) A company sells $6,000 inventory on account to a customer. The inventory had a cost of $4,200. What would be the correct journal entry to record the sale? Dr. Sales $6,000. Cr. Accounts Receivable $6,000, Dr. COGS $4,200, Cr. Inventory $4,200 Dr. Accounts Receivable $6,000. Cr. Sales $6,000, Dr. COGS $4,200, Cr. Inventory $4,200 Dr. Accounts Receivable $6,000. Cr. Sales $6,000, Dr. Inventory $4,200, Cr. COGS $4,200 Dr. Cash $6,000. Cr. Sales $6,000, Dr. COGS $4,200. Cr. Inventory $4.200 Page 16 of 20 Previous Page Next Page
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