Triangle Company Sold a Product on Credit for $2,235 to Hexagon

question 46

Multiple Choice

Triangle Company sold a product on credit for $2,235 to Hexagon Sales.The cost of goods sold was $1,324.Assuming Triangle is following a perpetual inventory system and using a sales journal,it will record $2,235 in the ________.

• A) Accounts Receivable CR, Sales Revenue DR column
• B) Cost of Goods Sold DR, Merchandise Inventory CR column
• C) Merchandise Inventory DR, Cost of Goods Sold CR column
• D) Accounts Receivable DR, Sales Revenue CR column

---

Definitions:

Foot-In-The-Door Approach

A persuasion technique that involves getting a person to agree to a small request to increase the chances that they'll agree to a larger request later.

Abnormal Behavior

Refers to patterns of emotion, thought, and action deemed pathological for one or more reasons, including being unusual, causing distress, or violating societal norms.

Social Order

The organized pattern of social relationships and social institutions that together compose society.

Societal Expectations

The explicit or implicit rules and standards established by a society that influence individual behavior and social interactions.