Company sold merchandise

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Mullis Company sold merchandise on account to a customer for $1,025, terms n/30. The journal entry to record this sale transaction would be.

a Debit Cash of $1,025 and credit Sales $1,025.

b Debit Cash of $1,025 and credit Accounts Receivable $1,025.

c Debit Accounts Receivable $1,025 and credit Sales $1,025.

d Debit Accounts Receivable $1,025 and credit Cash $1,025.

 

e Debit Sales $1,025 and credit Accounts Receivable $1,025.

Reference no: EM13914058

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