Sparky Co. sold $2,200 worth of pitchforks on account to one of its customers on...
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Accounting
Sparky Co. sold $2,200 worth of pitchforks on account to one of its customers on October 15, with credit terms of 2/10, n/30. The inventory sold cost Sparky Co. $600. To record the cost of the merchandise sold on October 15, what should Sparky Co. debit?
Inventory $600
Sales Revenue for $2,200
Cost of Goods Sold $600
Accounts Payable $600
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