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During August 2017, Packer Manufacturing had the following cash receipts and disbursements: During August $319, eee Cash Cash Cash 47 , eee Cash 130, eeo
During August 2017, Packer Manufacturing had the following cash receipts and disbursements:
During August $319, eee Cash Cash Cash 47 , eee Cash 130, eeo Packer Manufacturing received from customers received from selling equipment paid for salaries a the following cash receipts and disbursements: 11, 2eo paid to suppliers for inventory purchases In addition, the following balance sheet account balances were shown on Packer's books: Accounts receivable Inventory Accounts payable Salaries payable July 31 $128,eee 33, eee 21, eee 8, eee August 31 $ 135,eee 25, eee 25 , eee 5, eee Assume all sales and purchases are on account. Required: 1. Determine sales for August 2017. . 2. Determine salary expense for August 2017. 3. Determine cost of goods sold for August 2017.
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