Ace Company sells merchandise to a customer in the amount of $200 on credit, terms n/30. The entry to record this sale would inc

Question

eduard

2 years ago

8

Ace Company sells merchandise to a customer in the amount of $200 on credit, terms n/30. The entry to record this sale would inc

lude a debit to the ____________ account:

Business

1 answer:

Eduardwww [97] · Answer 1 · 2023-06-06T18:08:20+03:00

The journal entry to record the given sale of $200 on credit would include a debit to the bill receivables account.

<h3>What is a journal entry?</h3>

A systematic and chronological record of financial transactions that take place in a business organization during a given period is known as a journal entry.

Hence, the significance of journal entry is given.

Learn more about a journal entry here:

brainly.com/question/20421012

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