Multiple Choice
On November 2, 2014, Kasdan Company has cash sales of $6,000 from merchandise having a cost of $3,600. The entries to record the day's cash sales will include:
A) a $3,600 credit to Cost of Goods Sold.
B) a $6,000 credit to Cash.
C) a $3,600 credit to Inventory. d a $6,000 debit to Accounts Receivable.
Correct Answer:
Verified
Correct Answer:
Verified
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