On October 4, 2o08, Terry Corporation had credit sales transactions of P2,800 from merchandise having cost P1,900. The entries to record the day's credit transactions include a * debit of P2,800 to...


On October 4, 2o08, Terry Corporation<br>had credit sales transactions of P2,800 from<br>merchandise having cost P1,900. The entries<br>to record the day's credit transactions<br>include a *<br>debit of P2,800 to Merchandise Inventory.<br>O credit of P2,800 to Sales.<br>O debit of P1,900 to Merchandise Inventory.<br>O credit of P1,900 to Cost of Goods Sold.<br>

Extracted text: On October 4, 2o08, Terry Corporation had credit sales transactions of P2,800 from merchandise having cost P1,900. The entries to record the day's credit transactions include a * debit of P2,800 to Merchandise Inventory. O credit of P2,800 to Sales. O debit of P1,900 to Merchandise Inventory. O credit of P1,900 to Cost of Goods Sold.

Jun 09, 2022
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