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On May 1,Shilling Company Sold Merchandise in the Amount of $5,800

Question 114

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On May 1,Shilling Company sold merchandise in the amount of $5,800 to Anders,with credit terms of 2/10,n/30.The cost of the items sold is $4,000.Shilling uses the perpetual inventory system and the gross method.The journal entry or entries that Shilling will make on May 1 is (are) :


A) On May 1,Shilling Company sold merchandise in the amount of $5,800 to Anders,with credit terms of 2/10,n/30.The cost of the items sold is $4,000.Shilling uses the perpetual inventory system and the gross method.The journal entry or entries that Shilling will make on May 1 is (are) : A) B) C) D) E)
B) On May 1,Shilling Company sold merchandise in the amount of $5,800 to Anders,with credit terms of 2/10,n/30.The cost of the items sold is $4,000.Shilling uses the perpetual inventory system and the gross method.The journal entry or entries that Shilling will make on May 1 is (are) : A) B) C) D) E)
C) On May 1,Shilling Company sold merchandise in the amount of $5,800 to Anders,with credit terms of 2/10,n/30.The cost of the items sold is $4,000.Shilling uses the perpetual inventory system and the gross method.The journal entry or entries that Shilling will make on May 1 is (are) : A) B) C) D) E)
D) On May 1,Shilling Company sold merchandise in the amount of $5,800 to Anders,with credit terms of 2/10,n/30.The cost of the items sold is $4,000.Shilling uses the perpetual inventory system and the gross method.The journal entry or entries that Shilling will make on May 1 is (are) : A) B) C) D) E)
E) On May 1,Shilling Company sold merchandise in the amount of $5,800 to Anders,with credit terms of 2/10,n/30.The cost of the items sold is $4,000.Shilling uses the perpetual inventory system and the gross method.The journal entry or entries that Shilling will make on May 1 is (are) : A) B) C) D) E)

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