Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the journal entry for the following, Riya sold goods worth $ 2000 to Mia on credit? Question 14Answer a. Debit: Sales, Credit:Accounts Receivable

What is the journal entry for the following, Riya sold goods worth $ 2000 to Mia on credit? Question 14Answer a. Debit: Sales, Credit:Accounts Receivable b. Debit: Accounts Receivable, Credit: Sales c. Debit: Accounts payable, Credit: Sales d. Debit: Sales, Credit:Accounts payable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Environmental Accounting Issues Concepts And Practice

Authors: Stefan Schaltegger, Roger Burritt

1st Edition

1874719349, 9781874719342

More Books

Students also viewed these Accounting questions

Question

5. Give examples of binary thinking.

Answered: 1 week ago