Under a periodic inventory system, the sale of merchandise on credit requires a debit to
A) Merchandise Inventory.
B) Sales.
C) Accounts Receivable.
D) Cash.

Name: Under a periodic inventory system, the sale of merchandise on credit requires a debit to A) Merchandise Inventory. B) Sales. C) Accounts Receivable. D) Cash.
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Question

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Under a periodic inventory system, when merchandise is sold on credit, Accounts Receivable is debited to record the amount owed by the customer.

Under a Periodic Inventory System, the Sale of Merchandise on Credit