Question: Help Save & Exit Submit TB MC Qu. 05-141 On September 12, Vander Company sold merchandise... On September 12, Vander Company sold merchandise in the
Help Save & Exit Submit TB MC Qu. 05-141 On September 12, Vander Company sold merchandise... On September 12, Vander Company sold merchandise in the amount of $7,300 to Jepson Company with credit terms of 4/10, n/30. The cost of the items sold is $5.500. Vander uses the periodic inventory system and the gross method of accounting for sales. The journal entry or entries that Vander will make on September 12 is fare) Multiple Choice 7,30 Sales Accounts receivable 7,300 7.300 Sales Accounts receivable Cost of us sold 7,300 5,500
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