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View Full Version : Sold inventories that cost $ 1600 for 2500$ on open account


coffee_cookie
Dec 17, 2010, 10:35 AM
I want to know its journal entry

Just Looking
Dec 17, 2010, 10:55 AM
Please read the following announcement.

https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

There will be two entries - one for the sales and one for the cost. If you will post again with what you think they should be, we will check it and see if you understand or need some further explanation. Thanks.