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    Exam 8: Reporting and Interpreting Receivables, Bad Debt Expense, and Interest Revenue
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    Purrfect Pets Sells a $1,500 Aquarium to a Customer on Account
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Purrfect Pets Sells a $1,500 Aquarium to a Customer on Account

Question 33

Question 33

Multiple Choice

Purrfect Pets sells a $1,500 aquarium to a customer on account. This would be recorded by an entry that includes a:


A) debit to Accounts Receivable.
B) debit to Cash.
C) debit to Sales.
D) credit to Cost of Goods Sold.

Correct Answer:

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