On October 4, 2020, TJ Corporation Had Credit Sales Transactions

question 18

Multiple Choice

On October 4, 2020, TJ Corporation had credit sales transactions of $4,800 from merchandise having cost $2,880. The entries to record the day's credit transactions include a

• A) debit of $4,800 to Inventory.
• B) credit of $4,800 to Sales Revenue.
• C) debit of $2,880 to Inventory.
• D) credit of $2,880 to Cost of Goods Sold.

---

Definitions:

Concern For Self

An individual's focus on their own interests, wellbeing, and benefits in various situations.

Concern For Others

Describes an attitude or behavior that shows care, empathy, or consideration for the well-being of others.

Conflict Resolution

The process of resolving disputes or conflicts between parties through negotiation, mediation, arbitration, or other peaceful methods.

IBM

A multinational technology and consulting company known for its significant contributions to the computing industry.