1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Readme [11.4K]
3 years ago
5

What is the journal entry for the collection of sales?

English
1 answer:
elena55 [62]3 years ago
5 0

Answer:

The answer is letter D, Debit Cash and Credit Sales.

Explanation:

Sales Journal Entry- this is considered as an entry in the sales journal in order to record a credit sale of inventory. This consists of selling an inventory on credit, thus it affects four accounts namely, <em>the accounts receivable, revenue account, inventory and cost of goods. </em>

A typical sales journal entry will debit the account receivable for the sales price (cash) and credit the revenue account for the sales price. The cost of good will reflect the debited amount that the company paid for the inventory (cash). In the same way, the Inventory will be credited for the same price.

In a sales journal entry, the debit side (left side) will show cash while the credit side (right side) will show the sales.

<em></em>

You might be interested in
Which setting best fits the theme of discovering who you are in life ?
Westkost [7]

Answer:

b.

Explanation:

3 0
3 years ago
Read 2 more answers
Which character from Antigone by Sophocles is a stock character?
Natasha2012 [34]

Answer:

  •   Creon: He is an archetypal villain because his announcement to bury Polyneices is the catalyst for the misfortune which composes the plot of the story. A stock character is an archetypal character whose purpose is to move the story along allowing the audience to quickly understand the character.
  • A tragic flaw: It´s a literary device that can be defined as a trait in a character, usually the hero, that leads him to downfall. This characteristic could be the lack of self-knowledge or judgment and, as the story here analyzed, the pride.
  • Ismene refuses to help her sister bury Polyneices: Ismene decides to go against the divine authority by not defending her family´s honor, but she obeys the human authorities because she´s more afraid of what they can do to her.

  I hope these answers help you.

 

7 0
3 years ago
Read 2 more answers
Read the sentence. Noah who draws comic books in his free time wants to write a graphic novel. Which version of the sentence has
Katen [24]

The version of the sentence that has correctly placed commas is: Noah, who draws comic books in his free time, wants to write a graphic novel.

<h3>What is an Adjectival Phrase?</h3>

An adjectival phrase is a group of words that offers further explanation about a subject.

In the chosen sentence, the adjectival phrase, "who draws comic books in his free time," provides more information about the subject, Noah.

Learn more about adjective phrases here:

brainly.com/question/139793

3 0
3 years ago
This is the process of making marks on a written document to correct errors.
Paha777 [63]
It is proofreading.
4 0
3 years ago
Robin is scared of big dogs. what is nouns, verbs, adjective?
xz_007 [3.2K]
Nouns: a person, place, thing,or idea like robin, and dogs  verb: an action word like scared  adjetive:describes a noun like BIG dogs
5 0
3 years ago
Read 2 more answers
Other questions:
  • Rosencrantz and Guildenstern are
    10·2 answers
  • _______ conjunctions are found in pairs.
    11·2 answers
  • Which lines from The Love Song of J. Alfred Prufrock best express themes of alienation and Isolation?
    14·1 answer
  • Which words contain an affix? Check all that apply.
    11·2 answers
  • Which word or phrase is a Suitable. Replacement for the word or at The beginning of the second sentence in the expert A database
    11·1 answer
  • Write essay of pollution in 1000 lines​
    13·1 answer
  • Read an excerpt from "Television and the Public Interest" and answer the question. The speech was delivered by Newton N. Minow,
    12·1 answer
  • Match each excerpt to the type of informational text it represents. persuasive narrative expository Fossils are ancient plants o
    5·1 answer
  • Why was world war 1 called the Great War
    14·1 answer
  • Add the phrase that completes a thought in <br> the sentence.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!