A Company That Uses the Perpetual Inventory System Sold Goods

question 10

Multiple Choice

A company that uses the perpetual inventory system sold goods to a customer on account for $4,000.The cost of the goods sold was $2,000.Which of the following journal entries correctly records this transaction?

---

Definitions:

Hydrogen Bonds

A type of weak chemical bond formed when the slightly positive hydrogen atom of one molecule is attracted to the slightly negative atom (such as oxygen or nitrogen) in another molecule.

Protein

Large molecules made from amino acids, essential for various functions in the body, including structure, function, and regulation of tissues and organs.

Denatured

The process where proteins lose their natural shape and function due to external stress or conditions, such as heat or acidic environments.

Polar Molecules

Molecules that have an unequal distribution of charge, resulting in regions of partial positive and negative charges, which affect their interactions and solubility.