Centium Corporation Sold Goods to John Dunn for $1,000 on Account.Cost

question 103

Multiple Choice

Centium Corporation sold goods to John Dunn for $1,000 on account.Cost of goods sold was $745.Centium uses a perpetual inventory system and special journals.The cost of goods sold is recorded in the ________ column of the sales journal.

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

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The perception or reality of being cared for, valued, and part of a supportive social network, which can provide emotional, informational, or practical assistance.

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