Mullis Company sold merchandise on account to a customer for $705, terms n/30. The journal entry to record this sale transaction would be:
A. Debit Cash of $705 and credit Accounts Receivable $705.
B. Debit Accounts Receivable $705 and credit Cash $705.
C. Debit Accounts Receivable $705 and credit Sales $705.
D. Debit Sales $705 and credit Accounts Receivable $705.
E. Debit Cash of $705 and credit Sales $705.
Answer: C
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