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  1. business
  2. accounting
  3. throughout the list, label each as either debit, c

throughout the list, label each as either debit, credit or no entry for the following...

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Question

Accounting

throughout the list, label each as either debit, credit or no entry for the following prompt. "A hardware distributor ships an order of nails on account to Naperville True Value Store. Match the accounts to the correct debit and credit entries."

1. cost of goods sold

2. inventory

3. revenue

4. accounts receivable

5. freight

6. discounts, returns and allowances

7. accounts payable

8. cash

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