Question
1.---Journalize the following transaction: A---Sold merchandise on account to L&M industries for $16,000 with terms 2/10, n/30. The cost of the merchandise sold was $9,600.
1.---Journalize the following transaction:
A---Sold merchandise on account to L&M industries for $16,000 with terms 2/10, n/30. The cost of the merchandise sold was $9,600.
BReceived payment from L&M less the discount
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Excel For Accountants Tips, Tricks & Techniques
Authors: Conrad Carlberg
1st Edition
1932925015, 9781932925012
