(Solved by Humans)-Wilshire Equipment Company sold merchandise on credit. No

Discipline:

Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

Wilshire Equipment Company sold merchandise on credit.? No discounts were offered.? The proper journal entry to record this sale would be:

Debit Sales, and Credit Accounts Receivable
None of these.
Debit Accounts Receivable and Credit Sales
Debit Accounts Receivable, and Credit Purchases (or Inventory)


Debit Cash, and Credit Accounts Receivable.




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