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Can you help me calculate the cost of goods and balance Sold 44 shirts to a corporate member, Mckinsey & Associates for $22 each. Collected
Can you help me calculate the cost of goods and balance
Sold 44 shirts to a corporate member, Mckinsey & Associates for $22 each. Collected $450 in cash and the balance is owed to The Golf Club on the account?
Debit
Cash-450
Accounts receivable-518
Cost of Goods Sold
Credit
Sales Revenue
Investment-shirts- 968
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