When Sales of Merchandise Are Made for Cash, the Transaction

question 172

Multiple Choice

When sales of merchandise are made for cash, the transaction may be recorded by the following entry:

• A)Debit Sales Revenue, credit Cash
• B)Debit Cash, credit Sales Revenue
• C)Debit Sales Revenue, credit Cash Discounts
• D)Debit Sales Revenue, credit Sales Returns and Allowances

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Definitions:

Hip

A region on each side of the human body where the thigh bone (femur) joins the pelvis, also referred to the pelvic bone or the hip joint.

Ventrogluteal

A site on the body used for intramuscular injections, located on the gluteus medius muscle of the hip.

Vastus Lateralis

A muscle located on the side of the thigh, part of the quadriceps group, important for leg extension.

Infants

Young children from birth to 1 year of age.