Question: Multiple Select Question Select all that apply On Jan. 15, ABC Co. sold a piece of land for $4,000 when the original cost of the
Multiple Select Question Select all that apply On Jan. 15, ABC Co. sold a piece of land for $4,000 when the original cost of the land was $4,000. Show how to journalize the transaction into the cash receipts journal by selecting all of the correct actions below. (Check all that apply.) Date Account Credited Explan. PR Cash Dr. Sales Disc. Dr. Accounts Receivable Cr. Sale Cr. COGS Dr. Inventory Cr. Other Accounts Cr. Jan. 15 Multiple select question. Land is entered into the Account Credited column. $4,000 is entered into the Sale Cr. column. $4,000 is entered into the Other Accounts Cr. column. $4,000 is entered in the Cash Dr. column. Sold Land is entered in the Explanation column
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