ayaprun
Dec 5, 2010, 01:32 PM
Cash sales for April 8-13 were $25,800. The cost of merchandise sold is $15,480.
Is it:
Dr Cash $25800
Cr Sales $25800
Dr cost of merchandise sold $15480
Cr Merchandise inventory $15480
Is it:
Dr Cash $25800
Cr Sales $25800
Dr cost of merchandise sold $15480
Cr Merchandise inventory $15480