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CALCULATOR Gril Masters its specialty combination wood-fired grils to local restaurants. Each grill is sold for $1.000 (cost $550) on credit with term 1/30, 90.
CALCULATOR Gril Masters its specialty combination wood-fired grils to local restaurants. Each grill is sold for $1.000 (cost $550) on credit with term 1/30, 90. Prepare the journal entries for the sale of 20 gris on September 1, 2017, and upon payment, assuming the customer paid on (1) September 25, 2017, and (2) October 15, 2017. Assume the company records sales net. (Credit account titles are tomatically indented when the amount is entered to not indent manually. If no entry is required select "No entry for the accountitles and enter for the amounts.) Date Acal and Explanation Debet Credit (1) (To records) (To record cost of goods sold) (2) (Tord) (To records of good Click if you would like to show Work for this questions on the
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