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just olya [345]
2 years ago
11

. Best Care Pharmacy Ltd (BCPL) sold some medication with a cost of $400 for $900 on account. Assuming BCPL uses the periodic in

ventory system, the entry to record the cost of medicine sold would be ______. a. None of the listed b. Dr. Sales Revenue and Cr. Accounts Receivable for $900 c. Dr. Cost of Goods Sold and Cr. Merchandise Inventory for $400 d. Dr. Accounts Receivable and Cr. Sales Revenue for $900
Business
1 answer:
oksian1 [2.3K]2 years ago
5 0

Answer:

The answer is C.

Explanation:

Dr. Cost of Goods Sold and Cr. Merchandise Inventory for $400

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3 years ago
Patti volunteered to cover the balance of a​ coworker's shift so that he could pick up his sick child from day care. this is an
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2 years ago
A separation between ownership and management is most likely to occur in a:
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3 years ago
On its December 31, 20X5 balance sheet, Shin Co. has income tax payable of $13,000 and a current deferred tax asset of $20,000,
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