Purrfect Pets sells a $1,500 aquarium to a customer on account.This would be recorded under:

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The sale on account of the $1,500 aquarium would be recorded under trade accounts receivable as it represents an amount owed by a customer for goods sold on credit. Non-trade receivables could include things like loans to employees or advances to suppliers, cash would only be recorded if the payment was received immediately, and notes receivable would only come into play if the customer issued a promissory note as payment.

Purrfect Pets Sells a $1,500 Aquarium to a Customer on Account.This