Question
A company had the following balances at year end: sales discounts $3,530, sales returns and allowances $2,130 and cost of goods sold $321,800. Close the
A company had the following balances at year end: sales discounts $3,530, sales returns and allowances $2,130 and cost of goods sold $321,800. Close the accounts to income summary.
Journal entry worksheet
Note: Enter debits before credits.
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Focus On Personal Finance An Active Approach To Help You Develop Successful Financial Skills
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0078034787, 978-0078034787
