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Author Question: Singh Company received payment in full within the credit period for goods sold for $400 plus 13% ... (Read 88 times)

notis

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on: Nov 11, 2019
Singh Company received payment in full within the credit period for goods sold for $400 plus 13% HST. Terms of the sale were n/30. Which entry records this transaction?
◦ Debit Cash, $452, credit Accounts Receivable, $452
◦ Debit Cash, $400, credit Accounts Receivable, $400
◦ Debit Accounts Receivable $420, credit Sales, $420
◦ Debit Cash, $452, credit Sales, $452
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by notis on Nov 11, 2019

katara

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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notis

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Reply 2 on: Nov 11, 2019
Thanks for the timely response, appreciate it

scottmt

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Reply 3 on: Yesterday
Wow, this really help

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