What type of journal entry would be made for a sale of merchandise?

When recording a sale of merchandise, the appropriate journal entry is a Sales journal entry. This type of entry is specifically designed to track revenue generated from sales transactions. In accounting, the Sales journal is used to capture all sales of goods or services, allowing for an organized method of tracking income related to the core business activities.

A Sales journal entry typically includes the date of the transaction, the amount of the sale, and relevant customer information, which facilitates easier management and review of sales data. The revenue account is credited to reflect the increase in income, while the corresponding account (such as Cash or Accounts Receivable) is debited depending on whether the sale was made for immediate cash or on credit.

Other options pertain to different aspects of accounting processes. For instance, Cash Receipts involve tracking incoming cash flows, General journal entries cover a wide range of transactions that do not fit neatly into other journal types, and Cash Payments focus on money going out of the business. These do not specifically address the sale of merchandise as directly as a Sales journal entry does, which is why the Sales journal is the accurate choice in this context.