The Entry to Record the Sale of Merchandise for Cash

question 3

Multiple Choice

The entry to record the sale of merchandise for cash includes a:

• A)debit to Accounts Receivable.
• B)credit to Sales Discounts.
• C)debit to Sales Revenue.
• D)credit to Sales Revenue.

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Definitions:

Messenger RNA

A type of RNA that conveys genetic information from DNA to the ribosome, where it specifies the amino acid sequence of the protein products of gene expression.

Transcription

The process by which the information in a strand of DNA is copied into a new molecule of messenger RNA (mRNA).

Kinetochore

Structural portion of the chromosome to which microtubules attach.

Basal Body

A cellular structure found at the base of a eukaryotic flagellum or cilium, acting as a microtubule organizing center and initiating the growth of the appendage.