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
How is Charlie developing both intellectually and emotionally in Flowers For Algernon?
babymother [125]

Answer:

He has little self confidence and little self-worth because of his lack of intelligence. He looks up to the adults in his life as godlike people who are far above him in status. After the operation, as he becomes highly intelligent, Charlie gains self-confidence and begins to see the other adults around him as peers.

Explanation:

4 0
3 years ago
How would the author of the Blast “True to Yourself” respond to the character of Stargirl?
poizon [28]

Answer: I tried my best

Explanation:

Stargirl is the most "manic pixie dream girl" who ever pixie-dreamgirl-ed. She's practically the prototype. She's the Alpha and Omega of the cliche, coined by critic Nathan Rabin in his review of 2005's "Elizabethtown." Stargirl dresses eccentrically, she carries around a ukulele, and her pet rat lives in her knapsack. She drifts above the rituals and pressures of high school, communing on a higher and much wiser plane. She exists in order to change the lives of others for the better. As seen through the eyes of Leo, a shy kid who only wants to fit in, she is nothing less than a Magical Creature. He believes she can actually make it rain. And maybe she can. There's something uncanny about Stargirl.

6 0
3 years ago
The crucial tool for creating a compelling communication experience that combines the immediacy and power of a person speaking w
Volgvan

Answer:

Organization.

Explanation:

'Organization' in communication is demonstrated as one of the most decisive and key tool to ensure an engrossing and cogent communication experience as a systematic presentation/communication of the intended idea, message, or thought comprehends its persuasiveness. It amalgamates the immediacy and ability of the individual talking with the composition and clarity in the written content that assists in encouraging an enthralling as well as effective communication experience. Thus, <u>'organization'</u> plays a vital role in a compelling communication.

5 0
3 years ago
.please hurry I really need these answers
liubo4ka [24]
<span>for 17 the third on is wrong because of the punctuation. 19 i believe the correct answer is the 2nd one, for 18 it is the first one and finally for 20 it is the 4th one because the semicolon joins two independent clauses. Hope this helps!</span>
7 0
3 years ago
In your own words, list each of the seven essential elements of the Christian Faith
maks197457 [2]

Answer: Prayer. Discipleship. Mission Minded Focus. Teaching. Leadership. Worship. Communion and Fellowship.

Explanation: Amen

4 0
3 years ago
Other questions:
  • In the following sentence, which word is the adverb?
    6·2 answers
  • Explain what the quote means to you or could mean to others. Please reply in 8-10 sentences. Include the quote WITHIN your respo
    5·1 answer
  • WILL GIVE BRAINLIEST
    11·1 answer
  • Why men and women could become victims of violence
    14·1 answer
  • Excerpt from Asteroids Kathy Hufford Space is a rocky place. The biggest space rocks are asteroids. Asteroids are made up of roc
    15·1 answer
  • How can a user say an answer was helpful, as in the picture below?
    8·1 answer
  • Which part of the following sentence is a dependent clause? Whenever the sky is overcast, I fear a thunderstorm is coming.
    7·2 answers
  • "The flight of Icarus" Which statement describes a theme of the selection?
    5·1 answer
  • List three words that have multiple meanings
    5·2 answers
  • 3. Suham never understands the new lesson.<br> Change to passive voice
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!