Credit sales for the year were $150,000. Collections on account were $101,000. Make the necessary summary journal

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Credit sales for the year were $150,000. Collections on account were $101,000. Make the necessary summary journal entries to record this information.

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Intermediate Accounting

ISBN: 978-0538479738

18th edition

Authors: Earl K. Stice, James D. Stice

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Question Posted: Nov 28, 2016 10:22 AM

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Credit sales for the year were $150,000. Collections on account were $101,000. Make the necessary summary journal

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Intermediate Accounting

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