A company sells \$18,000 worth of goods on account. What is the correct journal entry?

• A. Debit Revenue \$18,000; Credit Accounts Receivable \$18,000
• B. Debit Cash \$18,000; Credit Revenue \$18,000
• C. Debit Accounts Payable \$18,000; Credit Revenue \$18,000
• D. Debit Accounts Receivable \$18,000; Credit Revenue \$18,000

Answer: (D)