Mullis Company sold merchandise on account to a customer for $1,025, terms n/30. The journal entry to record this sale transaction would be.
a Debit Cash of $1,025 and credit Sales $1,025.
b Debit Cash of $1,025 and credit Accounts Receivable $1,025.
c Debit Accounts Receivable $1,025 and credit Sales $1,025.
d Debit Accounts Receivable $1,025 and credit Cash $1,025.
e Debit Sales $1,025 and credit Accounts Receivable $1,025.