Wilshire Equipment Company sold merchandise on credit. No


Question Description:

30

Wilshire Equipment Company sold merchandise on credit. No discounts were offered. The proper journal entry to record this sale would be: Debit Sales, and Credit Accounts Receivable None of these. Debit Accounts Receivable and Credit Sales Debit Accounts Receivable, and Credit Purchases (or Inventory) Debit Cash, and Credit Accounts Receivable.

Answer

30