Which of the following journal entry will be recorded if the-13663
Which of the following journal entry will be recorded, if the goods are sold on credit to Mr. B?
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Mid Term - Quiz No.7.
Which of the following journal entry will be recorded, if the goods are sold on credit to Mr. B?
Mr. "B" / Accounts Receivable account (Dr) and Sales account (Cr)
Cash account (Dr) and sales account (Cr)
Sales account (Dr) and Mr. B / Accounts Receivable account (Cr)
Goods Sold account (Dr) and Mr. B / Accounts Receivable account (Cr)