of4435 This Test 44 ph possh Archer Manutacturing had sales

of44(35 This Test: 44 ph possh Archer Manutacturing had sales tor the week of S3650 ot wh ch S3000 was on aese and $650 r ash sales The cost ofthe meithar he s wiss\'n2 tenmem s 4 O A. debit to Cash for $3,650 and a credit to Cost of Goods Sold for $3,650 O B. debit to Cost of Goods Sold for $1,812, credt to Inventory for $1,812 O C. debit to Cost of Goods Sold for $1,812, credit to Sales of $1,812 O D. debit to Cash for $3,650, credit to Sales for $3,650 0 Click to select your answer

Solution

Journal entry :

So answer is b) Debit to cost of goods sold for $1812; Credit to inventory for $1812

Date	account & explanation	debit	credit
	Cash	650
	Account receivable	3000
	Sales revenue		3650
	Cost of goods sold	1812
	Inventory		1812