Multiple Choice
On October 4, 2022, JT Corporation had credit sales transactions of $4,000 from merchandise having cost $2,400.The entries to record the day's credit transactions include a
A) debit of $4,000 to Inventory.
B) credit of $4,000 to Sales Revenue.
C) debit of $2,400 to Inventory.
D) credit of $2,400 to Cost of Goods Sold.
Correct Answer:
Verified
Correct Answer:
Verified
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