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Assume Pebble Inc. on October 15 purchased $2,500 of merchandise on credit. The next day, it recorded sales of $1700, cost of sales was $1.200.
Assume Pebble Inc. on October 15 purchased $2,500 of merchandise on credit. The next day, it recorded sales of $1700, cost of sales was $1.200. Record the October 15 and October 16 entries (Round the final answers to 2 decimal places.) Description Alberta WT/ Nunavut Yukon 5% GST 0% PST Debit Credit Saskatchewan % GST 6% PST % PST Debit Credit Det Groot De Record the purchase of merchandise on credit Oct. 15 Record the credit sale. Oct. 16 Record the cost of sales
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