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American Eagle (EA) sold goods costing $1,100 to Bloomingdales on account for $1,600 during fiscal year 2017. Prepare the (complete) journal entry to record this

American Eagle (EA) sold goods costing $1,100 to Bloomingdale’s on account for $1,600 during fiscal year 2017. Prepare the (complete) journal entry to record this transaction.

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Debit Accounts Receivable Bloomingdales 1600 Credit Sales 1100 Credit Cost of Goods Sold 1100 ... blur-text-image

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