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Title: Anderson Furniture sold 15 desks, with a cost of $5,500, for $12,250 on account. Anderson uses the ... Post by: H3Ko on Aug 29, 2016 Anderson Furniture sold 15 desks, with a cost of $5,500, for $12,250 on account. Anderson uses the periodic inventory system. Which of the following is the correct way to record this transaction?
A) Accounts Receivable 12,250 Sales Revenue 12,250 B) Sales Revenue 12,250 Accounts Receivable 12,250 C) Accounts Receivable 12,250 Sales Revenue 12,250 Cost of Goods Sold 5,500 Merchandise Inventory 5,500 D) Accounts Receivable 12,250 Sales Revenue 12,250 Purchases 5,500 Merchandise Inventory 5,500 Title: Re: Anderson Furniture sold 15 desks, with a cost of $5,500, for $12,250 on account. Anderson uses ... Post by: Mrgo-breed on Aug 29, 2016 Content hidden
Title: Re: Anderson Furniture sold 15 desks, with a cost of $5,500, for $12,250 on account. Anderson uses the ... Post by: H3Ko on Oct 12, 2016 I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
Title: Re: Anderson Furniture sold 15 desks, with a cost of $5,500, for $12,250 on account. Anderson uses the ... Post by: Mrgo-breed on Oct 16, 2016 Happy to help :D
Title: Re: Anderson Furniture sold 15 desks, with a cost of $5,500, for $12,250 on account. Anderson uses ... Post by: E C on Apr 16, 2020 Thanks
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