Best Delivery sells grocery supplies to large businesses. During the month of March, the business...
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Accounting
Best Delivery sells grocery supplies to large businesses. During the month of March, the business sold $18,000 worth of goods on account for $25,000 and $2,000 worth of goods for $3,500 cash. When preparing a compound journal entry to record the cash and credit sales for the month, how will the accounts receivable account be recorded? Sales taxes may be ignored for this example. Select one: a. This account is not impacted at all. b. A debit of $25,000 c. A debit of $28,500 d. A credit of $25,000
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