Kizspy | Question: 24
(Choose 1 answer)
pjovenian.COM
(1395)
Selling products for cash $300 and $700 on credit. Show the general journal entry to record sale
revenue of this transaction.
A. Debit Cash $ 300
Debit Account Receivable $700
Credit Revenue $1,000
B. Debit Cash $300
Debit Account Payable $700
Credit Revenue $1,000
C. Debit Account Receivable $700
Credit Unearned Revenue $700
D. Debit Unearned Revenue $700
Credit Account Receivable $700
E. Debit Cash $ 700
Credit Revenue $700
