On May 3rd, Bruser Company sold goods to one of it's customers with a $5,000 sales price on credit with terms of 2/10,n/30. The goods originally cost Bruser Company $2,750 when they purchased them. Which journal entry(s) does Bruser need to record on their books on May 3rd. Group of answer choices Date Account Title Debit Credit May 3 Accounts Receivable 5,000 Sales 5,000 To record sale to customer on credit May 3 Cost of Goods Sold 2,750 Merchandise Inventory 2,750 To record cost of sale Date Account Title Debit Credit May 3 Accounts Receivable 2,750 Sales 2,750 To record sale to customer on credit May 3 Cost of Goods Sold 5,000 Merchandise Inventory 5,000 To record cost of sale Date Account Title Debit Credit May 3 Accounts Receivable 5,000 Sales 5,000 To record sale to customer on credit Date Account Title Debit Credit May 3 Sales 5,000 Accounts Receivable 5,000 To record sale to customer on credit May 3 Merchandise Inventory 2,750 Cost of Goods Sold 2,750 To record cost of sale

Answer rating: 100% (QA)

The correct journal entry to record the transaction on May 3rd for Bruser Comp... View the full answer