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Kwami Kwami
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7 years ago
The entry to record the sale of $78,500 of goods, 75% on credit and the remainder for cash would be
A) Cash   19,625
Accounts receivable   58,875
   Sales   78,500
B) Sales   78,500
   Cash   78,500
C) Sales   78,500
   Cash   19,625
   Accounts receivable   58,875
D) Cash   78,500
   Sales   78,500
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
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mourningbirdmourningbird
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Kwami Author
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#2
7 years ago
Aha, makes more sense now.
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#3
7 years ago
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