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cash, accounts receivable, inventory, prepaid rent, fixtures and equipment , accounts payable, interest payable, wages payable, notes payable, paid in capital, retained earnings Transaction 5

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cash, accounts receivable, inventory, prepaid rent, fixtures and equipment , accounts payable, interest payable, wages payable, notes payable, paid in capital, retained earnings

Transaction 5 Sales were $72,000. Cost of merchandise sold was 65% of sales. 35% of sales were for cash. [Note: Record the complete entry for the sales first and the complete entry for the expenses second] Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Submit Answer Tries 0/5

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