Giorgio italian market bought $11,400 worth of merchandise from food suppliers and signed a 150-day, 8% promissory note for the $11,400. food suppliers journal entry to record the sales transaction is:

Debit Notes Receivable $ 11,400 ; Credit Sales $ 11,400

Explanation:

The sales revenue is the amount of merchandise sold which is for $ 11,400  and Also, the receivable is $ 11,400 and hence recorded as notes receivable.

i just took the test and it is financing

answer; lags, push the econ below the natural level of output;