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On July 1, B. Darin Company sold merchandise costing $4,500 to S. De.pdf

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On July 1, B. Darin Company sold merchandise costing $4,500 to S. Dee Company for $6,000, terms 2/10, n/30. Both companies use a perpetual inventory system. What is the journal entry that S. Dee Company will make on July 1? A) Purchases B) Inventory C) Inventory D) Cost of goods sold 6,000 6,000 6,000 4,500 Accounts payable 6,000 6,000 6,000 4,500 Accounts receivable Accounts payable Inventory Solution A. Option A Purchases A/C Dr 6000 To Accounts Payable 6000.

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On July 1, B. Darin Company sold merchandise costing $4,500 to S. Dee Company for $6,000, terms 2/10, n/30. Both companies use a perpetual inventory system. What is the journal entry that S. Dee Company will make on July 1? A) Purchases B) Inventory C) Inventory D) Cost of goods sold 6,000 6,000 6,000 4,500 Accounts payable 6,000 6,000 6,000 4,500 Accounts receivable Accounts payable Inventory Solution A. Option A Purchases A/C Dr 6000 To Accounts Payable 6000

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On July 1, B. Darin Company sold merchandise costing $4,500 to S. De.pdf

  • 1. On July 1, B. Darin Company sold merchandise costing $4,500 to S. Dee Company for $6,000, terms 2/10, n/30. Both companies use a perpetual inventory system. What is the journal entry that S. Dee Company will make on July 1? A) Purchases B) Inventory C) Inventory D) Cost of goods sold 6,000 6,000 6,000 4,500 Accounts payable 6,000 6,000 6,000 4,500 Accounts receivable Accounts payable Inventory Solution A. Option A Purchases A/C Dr 6000 To Accounts Payable 6000