What is the journal entry for recording credit sales? a. Cash Dr. and Sales Cr b. Sales Dr. and Accounts Receivable Cr c. Accounts Receivable Dr. and Sales Cr d. Sales Dr. and Accounts Payable Cr
What is the journal entry for recording credit sales? a. Cash Dr. and Sales Cr b. Sales Dr. and Accounts Receivable Cr c. Accounts Receivable Dr. and Sales Cr d. Sales Dr. and Accounts Payable Cr
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 14Q: A journal entry that requires a debit to Accounts Receivable and a credit to Sales goes in which...
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What is the journal entry for recording credit sales?
a.
Cash Dr. and Sales Cr
b.
Sales Dr. and Accounts Receivable Cr
c.
Accounts Receivable Dr. and Sales Cr
d.
Sales Dr. and Accounts Payable Cr
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