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Chandler Company Sold Merchandise on Credit to Jamie Morgan for $700

Question 123

Multiple Choice

Chandler Company sold merchandise on credit to Jamie Morgan for $700 and the cost of the merchandise was $290. Chandler would record this sale in the:


A) General journal.
B) Accounts Receivable controlling account.
C) General ledger.
D) Sales journal.
E) Cash receipts journal.

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