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Can you please check if my journal entry is correct? Thankyou. 16. Cash is collected from the sale of parts inventory. On December 24, MAF
Can you please check if my journal entry is correct? Thankyou.
16. Cash is collected from the sale of parts inventory. On December 24, MAF received payment for the sale of parts inventory in transaction #12 above. 12. Parts inventory is sold. On December 15, the company sold parts inventory for $20,000 with terms 2/10, net 30. 31-Dec 20,000 16 Cash Parts sales revenue Accounts receivable 19,600 400Step by Step Solution
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