Question: Fourth Company receives a note from a customer for a $14,000 sale. On the date of sale, what journal entry did Fourth Company prepare? Ignore
Fourth Company receives a note from a customer for a $14,000 sale. On the date of sale, what journal entry did Fourth Company prepare? Ignore cost of goods sold O A debit Notes Receivable for $14,000 and credit Cash for $14,000 B. debit Accounts Receivable for $14,000 and credit Sales Revenue for $14,000 c. debit Notes Receivable for $14,000 and credit Sales Revenue for $14,000 OD. debit Cash for $14,000 and credit Notes Receivable for $14,000
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