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Business, 16.11.2019 00:31 22swittman
Forever jewelers uses the perpetual inventory system. on april 2, forever sold merchandise with a cost of $1,500 for $7,000 to a customer on account with terms of 4/15, n/30. which of the following jounal entries correctly records the sales revenue?
a. accounts receivable 6,720
sales revenue 6,720
b. sales revenue 6,720
accounts receivable 6,720
c. sales revenue 6,720
cost of goods sold 6,720
d. accounts receivable 1,500
sales revenue 1,500
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Forever jewelers uses the perpetual inventory system. on april 2, forever sold merchandise with a co...
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