Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

. Best Care Pharmacy Ltd (BCPL) sold some medication with a cost of $400 for $900 on account. Assuming BCPL uses the periodic inventory system, the entry to record the cost of medicine sold would be ______. a. None of the listed b. Dr. Sales Revenue and Cr. Accounts Receivable for $900 c. Dr. Cost of Goods Sold and Cr. Merchandise Inventory for $400 d. Dr. Accounts Receivable and Cr. Sales Revenue for $900

Sagot :

jomariflores400l

Answer:

The answer is C.

Explanation:

Dr. Cost of Goods Sold and Cr. Merchandise Inventory for $400

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.