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The Atlas Corp. sold merchandise for $ 8 , 0 0 0 cash. The cost of the merchandise sold was $ 6 , 0 0

The Atlas Corp. sold merchandise for $8,000 cash. The cost of the merchandise sold was $6,000. The journal entries to record this transaction under the perpetual inventory system would be
The Atlas Corp. sold merchandise for $8,000 cash. The cost of the merchandise sold was $6,000. The journal entries to record this transaction under the perpetual inventory system would be
Cash 6,000
Sales 6,000
Cost of Merchandise Sold 6,000
Merchandise Inventory 6,000
Cash 8,000
Merchandise Inventory 8,000
Cost of Merchandise Sold 6,000
Sales 6,000
Cash 8,000
Sales 8,000
Cost of Merchandise Sold 6,000
Merchandise Inventory 6,000
Accounts receivable 8,000
Sales 8,000
Cost of Merchandise Sold 6,000
Merchandise Inventory 6,000

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