Question
Under the periodic inventory system, if Jane Company sold merchandise costing 82,000 for 123,000 on cash basis, then the journal entry involves a debit to
Under the periodic inventory system, if Jane Company sold merchandise costing 82,000 for 123,000 on cash basis, then the journal entry involves a debit to
Group of answer choices
Accounts Receivable for 41,000
Accounts Receivable for 82,000
Cash for 82,000
Cash for 123,000
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
