Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 26

Marietta Corporation uses a perpetual inventory system.ll of its sales are made on account.he company sells merchandise costing $3,000 at a sales price of $4,300.n recording this transaction, Marietta will make all of the following entries except:
a.redit Sales, $4,300.
b.redit Inventory, $4,300.
c.ebit Cost of Goods Sold, $3,000.
d.ebit Accounts Receivable, $4,300.