Smithville Furniture sold 15 desks,with a cost of $6,500,for $11,250 on account.Smithville uses the periodic inventory system.Which of the following is the correct way to record this transaction?

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The Answer of Smithville Furniture sold 15 desks,with a cost of $6,500,for $11,250 on account.Smithville uses the periodic inventory system.Which of the following is the correct way to record this transaction?

Smithville Furniture Sold 15 Desks,with a Cost of $6,500,for $11,250