What account and amount should be credited for the following transaction?:

Customer Ellie Monk purchased $43,820 worth of merchandise from Movie Mart, costing Movie Mart $28,745. Terms of the sale are 3/10, n/60, invoice dated September 10.

Group of answer choices

1. Merchandise Inventory 28,745

2. Sales revenue 28,745

3. Accounts receivable 28,745

4. Merchandise Inventory 43,820

Answer rating: 100% (QA)

H35 File 2 3 4 1 EB1 5 6 7 A 5 C 9 22sp 10 11 12 Home T 10Sep COGS ac Insert DATE PARTICULARS 10S... View the full answer