Divide into groups of four individuals. Your company is named Cole's Cooking Supplies. Assign one person as

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Divide into groups of four individuals. Your company is named Cole's Cooking Supplies. Assign one person as Cole's sales associate; one as the company's A/R clerk; one as the customer, Louisa's Cooking School; and one as Louisa's A/P clerk. Record the transaction each individual would record from a sale of $50,000 for cooking supplies.
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College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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