Archer Manufacturing had sales for the week of $3,569,of which $2,900 was on credit and $659 in cash sales.The cost of the merchandise sold was $1,888.The journal entries would include a:
A) debit to Cost of Goods Sold for $1,888;credit to Inventory for $1,888.
B) debit to Cash for $3569,credit to Sales for $3,569.
C) debit to Cash for $3,569 and a credit to Cost of Goods Sold for $3,569.
D) debit to Cost of Goods Sold for $1,888;credit to Sales of $1,888.
Correct Answer:
Verified
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