Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. select the best description for this journal entry

Select the best description for this journal entry. Record a cash sale. Customer paid on...

90.2K

Verified Solution

Question

Accounting

image
Select the best description for this journal entry. Record a cash sale. Customer paid on account within the discount period. Paid a creditor within the discount period. Purchased merchandise for cash

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Assume that in 2017, The Shallonz Corporation reported net income of $143 million, and paid dividends...

Chemistry
1.2K views

1-A solution has a temperature change of 20 K. What is the temperature change in degree...

Biology
1.2K views

The calculated risk based on its severity andprobability is known as what?A. risk reductionB. actual...

Basic Math
1.2K views

A patient took 200 milligrams of an antibiotic in a single dose At the end...

Basic Math
1.2K views

19 The solution to 5 1 will be what kind of number O A Even...

Basic Math
1.2K views

Personnel managers usually want to know where a job applicant ranked in his or her...

Accounting
1.2K views

The company expects to sell 10,000 units. The variable cost per unit is UGX. 1,000...

Accounting
1.2K views

Taylor, age 13, is claimed as a dependent by her parents. For 2018, she has...

Accounting
1.2K views

Comet Incorporated purchased a building and the land on which the building is situated for...

Accounting
1.2K views

4. Write short note on the followings: a. Product Cost Vs. Period Cost b. Direct...

Finance
1.2K views

HW Score 0%, 0 of 54 pts Homework: HW 10 (Bond valuation) Score: 0 of...

Accounting
1.2K views

5. For a qualified service member, deductible expenses for moving do not include: a) The...