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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
Archer Manufacturing had sales for the week of $3,569, of which $2,900 was on credit and $659 in cash sales. The cost of the merchandise sold was $1,888. The journal entries would include a:
A) debit to Cost of Goods Sold for $1,888; credit to Inventory for $1,888.
B) debit to Cash for $3569, credit to Sales for $3,569.
C) debit to Cash for $3,569 and a credit to Cost of Goods Sold for $3,569.
D) debit to Cost of Goods Sold for $1,888; credit to Sales of $1,888.
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Financial Accounting

Financial Accounting


Edition: 3rd
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largerthanlifelargerthanlife
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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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