Gorgio italian market bought 5000 worth of merchandise from, Financial Accounting

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Gorgio italian market bought 5000 worth of merchandise from

Gorgio Italian Market bought $5,000 worth of merchandise from Food Suppliers and signed a 90-day, 10% promissory note for the $5,000. Food Supplier's journal entry to record the sales transaction is:

a Debit Accounts Receivable $5,000; credit Sales $5,000.

b Debit Notes Receivable $5,000; debit Interest Receivable $125; credit Sales $5,125.

c Debit Notes Receivable $5,125; credit Sales $5,125.

d Debit Accounts Receivable $5,125; credit Sales $5,125.

e Debit Notes Receivable $5,000; credit Sales $5,000.

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Financial Accounting: Gorgio italian market bought 5000 worth of merchandise from

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Financial Accounting: Gorgio italian market bought 5000 worth of merchandise from

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