Mark Industries issues a note in the amount of $45,000 on August 1, 2018 in exchange for

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Mark Industries issues a note in the amount of $45,000 on August 1, 2018 in exchange for the sale of merchandise. Which of the following is the correct journal entry for this sale?

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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Question Posted: Aug 15, 2022 02:27 AM

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Mark Industries issues a note in the amount of $45,000 on August 1, 2018 in exchange for

Question:

Cash Sales Revenue 45,000 45,000

Step by Step Answer:

D Notes receivable mark 45000 Sales reven...View the full answer

Principles Of Accounting Volume 1 Financial Accounting

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