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A custom manufacturer completed Jobs 103 and 104. Job 103 cost $24,000 and was sold (on credit) for $40,000. Job 104 cost $30,000. The
A custom manufacturer completed Jobs 103 and 104. Job 103 cost $24,000 and was sold (on credit) for $40,000. Job 104 cost $30,000. The journal entry to record the sale of Job 103 consists of a: Multiple Choice Debit to Sales $40,000: credit to Accounts Payable $40,000 Debit to Accounts Receivable $40,000; credit to Sales $40,000. Debit to Cost of Goods Sold $40,000, credit to Sales $40,000. Debit to Sales $40,000; credit to Cash $40,000 Debit to Accounts Receivable $24,000 credit to Sales $24,000
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