On March 5th, Blowout Sales makes $22,500.00 in sales on the company’s own credit cards. The cost of merchandise sold are $16,825.00. Journalize the sales and recognition of the cost of merchandise sold.

689 views
0

On March 5th, Blowout Sales makes $22,500.00 in sales on the company’s own credit cards. The cost of merchandise sold are $16,825.00. Journalize the sales and recognition of the cost of merchandise sold.

Darshita Changed status to publish February 17, 2020
0
Date: Account Title Debit: Credit:
Mar-05 Accounts Receivable 22500
Sales 22500
Mar-05 Cost of Merchandise Sold 16825
Merchandise Inventory 16825
Darshita Changed status to publish February 17, 2020

Contact us today

Ask for our academic services

Copyright SmartStudyHelp 2016. All Rights Reserved