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Sales in inventory
sitaki
Feb 19, 2008, 03:51 PM
A company sells 1000 book each at 10 dollars, (cost of these books is 6000 dollars) how would you journalize this? Please explain
MaggieMouse
Feb 20, 2008, 12:53 PM
Dr. AR/Cash10000
Cr. Revenue10000
Dr. COGS6000
Cr. Inventory6000