Question

A company sells merchandise on credit for $6,000. The merchandise cost is $3,400. The journal that the transaction would be recorded in is the

Answer 1

Answer:

Sales journal

Explanation:

Since in the question it is mentioned that the company sells merchandise on an account or on a credit basis that means it does not involve any cash transaction so it is a credit sales

Therefore the same is to be recorded in the sales journal

hence, the answer is the sales journal and the same is to be considered  

As this is relevant