Question

inventory sold on credit will be recorded in the...journal

Answer 1

Answer:

Explanation:

(1)ON CASH SALES THE ENTRY WILL BE

   CASH         A/C   DR

          SALES A/C   CR  

(2)ON CREDIT SALE OF GOODS THE ENTRY WILL BE

          DEBTOR(PRSNL)        A/C     DR

                   SALES                A/C     CR