Question: Help Save &Exit Submit Analyze and record transactions for merchandise sales using a perpetual system. Knowledge Check 05 A seller uses a periodic Inventory system,

 Help Save &Exit Submit Analyze and record transactions for merchandise sales

Help Save &Exit Submit Analyze and record transactions for merchandise sales using a perpetual system. Knowledge Check 05 A seller uses a periodic Inventory system, and on April 4, t sells $5,000 in merchandise on credit (when ts cost is $2,400) to a customer on credit terms of 3/10, nv/30. Complete the seller's necessary jounal entry by selecting the Account Names and dollar amounts menus. Date Account Title Debit Credit April 4 select select select select select select Submit answer &continue

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