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(please show the steps when you solve Q24)

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(please show the steps when you solve Q25)

Able sells a piece of equipment to Smythe for $1,800 on August 1. The equipment cost $1,000 The equipment is picked up by Smythe on August 10. How is this transaction accounted for under a periodic system of inventory? O A. Sales O B. Sales 1,000 Accounts Receivable 1,000 1.800 Accounts Receivable 1,800 O C. Accounts Receivable 1,800 Sales 1,800 O D. Accounts Receivable 1,000 Sales 1,000 Click to select your answer 37 PM 0 O Type here to search