Multiple Choice
A credit sale of $5,275 to a customer would result in which of the following?
A) A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable subsidiary ledger.
B) A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable subsidiary ledger.
C) A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable subsidiary ledger.
D) A credit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable subsidiary ledger.
E) A credit to Sales and a credit to the customer's account in the accounts receivable subsidiary ledger.
Correct Answer:
Verified
Correct Answer:
Verified
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