Accountıng I Deneme Sınavı Sorusu #1230475

Anadolu Company purchased 60 units of piano from Melody Company on cash. Price of a piano is 12.000 TL. Which of the following is true about the Anadolu company's entry?


Cash 650.000 debit

Merchandise İnventory 720.000 credit

Merchandise İnventory 650.000 debit

Cash 720.000 credit

Account Payable 720.000 credit


Yanıt Açıklaması:

Merchandise inventory account is 720.000 debited. Cash account is 720.000 credited. 

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