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Establish company and nvest 900 USD equity Purchase plain T-shirts for 10 USD Fixed screen cost of 135 USD Variable print cost of 0.25 per
Establish company and nvest 900 USD equity
Purchase plain T-shirts for 10 USD
Fixed screen cost of 135 USD
Variable print cost of 0.25 per T-Shirt
Sold 30 T-shirt at 10 USD each for cash
Sold 30 T-shirts at 10 USD each on credit
If it is possible please show us cash and accrual accounting case illustration via financial statements, if not explain why?
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