A company sells \$15,000 worth of goods on account. What is the correct journal entry?

• A. Debit Revenue \$15,000; Credit Accounts Receivable \$15,000
• B. Debit Cash \$15,000; Credit Revenue \$15,000
• C. Debit Accounts Receivable \$15,000; Credit Revenue \$15,000
• D. Debit Accounts Payable \$15,000; Credit Revenue \$15,000

Answer: (C)