Business, 14.01.2020 03:31 Angel1107

Selling inventory costing $93,000 for a selling price of $111,000 to customers on account (to be received at a later date) would require which of the following as part of the journal entry?
a. credit to gain on sale for $18,000
b. debit to cash for $111,000
c. debit to inventory for $93,000
d. debit to cogs for $93,000

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Selling inventory costing $93,000 for a selling price of $111,000 to customers on account (to be rec...

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