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-   -   Sales in inventory (https://www.askmehelpdesk.com/showthread.php?t=185960)

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

    Dr. COGS6000
    Cr. Inventory6000

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