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On September 12,Vander Company Sold Merchandise in the Amount of $5,800

Question 153

Multiple Choice

On September 12,Vander Company sold merchandise in the amount of $5,800 to Jepson Company,with credit terms of 2/10,n/30.The cost of the items sold is $4,000.
-Vander uses the periodic inventory system and the gross method of accounting for sales.The journal entry or entries that Vander will make on September 12 is (are) :


A) On September 12,Vander Company sold merchandise in the amount of $5,800 to Jepson Company,with credit terms of 2/10,n/30.The cost of the items sold is $4,000. -Vander uses the periodic inventory system and the gross method of accounting for sales.The journal entry or entries that Vander will make on September 12 is (are) : A) B) C) D) E)
B) On September 12,Vander Company sold merchandise in the amount of $5,800 to Jepson Company,with credit terms of 2/10,n/30.The cost of the items sold is $4,000. -Vander uses the periodic inventory system and the gross method of accounting for sales.The journal entry or entries that Vander will make on September 12 is (are) : A) B) C) D) E)
C) On September 12,Vander Company sold merchandise in the amount of $5,800 to Jepson Company,with credit terms of 2/10,n/30.The cost of the items sold is $4,000. -Vander uses the periodic inventory system and the gross method of accounting for sales.The journal entry or entries that Vander will make on September 12 is (are) : A) B) C) D) E)
D) On September 12,Vander Company sold merchandise in the amount of $5,800 to Jepson Company,with credit terms of 2/10,n/30.The cost of the items sold is $4,000. -Vander uses the periodic inventory system and the gross method of accounting for sales.The journal entry or entries that Vander will make on September 12 is (are) : A) B) C) D) E)
E) On September 12,Vander Company sold merchandise in the amount of $5,800 to Jepson Company,with credit terms of 2/10,n/30.The cost of the items sold is $4,000. -Vander uses the periodic inventory system and the gross method of accounting for sales.The journal entry or entries that Vander will make on September 12 is (are) : A) B) C) D) E)

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