35 On November 2, 2010, Griffey Company has cash sales of $4,200 from merchandise having a cost of $3,000. The entries to record the day's cash sales will include: a. $3,000 credit to Cost of Goods Sold. O b. $3,000 credit to Merchandise Inventory. O . $4,200 debit to Accounts Receivable. O d. $4,200 credit to Cash.

35 On November 2, 2010, Griffey Company has cash sales of $4,200 from merchandise having a cost of $3,000. The entries to record the day's cash sales will include: a. $3,000 credit to Cost of Goods Sold. O b. $3,000 credit to Merchandise Inventory. O . $4,200 debit to Accounts Receivable. O d. $4,200 credit to Cash.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter10: Accounting For Sales And Cash Receipts

Section: Chapter Questions

Problem 2CE: Prepare journal entries for the following sales and cash receipts transactions. (a) Merchandise is...

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q(35)This multible choice question from ACCOUNTING PRINCIPLES I.just write for me the final answer.

35
On November 2, 2010, Griffey Company has cash sales of $4,200 from merchandise
having a cost of $3,000. The entries to record the day's cash sales will include:
O a. $3,000 credit to Cost of Goods Sold.
O b. $3,000 credit to Merchandise Inventory.
O c. $4,200 debit to Accounts Receivable.
O d. $4,200 credit to Cash.

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