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Exercise 18-4 (Part Level Submission) accepting a note receivable cn January 2, 2017, The goeds have a sales price a n January 28, 2017, Danone
Exercise 18-4 (Part Level Submission) accepting a note receivable cn January 2, 2017, The goeds have a sales price a n January 28, 2017, Danone makes payment $659,900 (cost of $460,000). The terms are net receives a cash discount of $9.900. Past history Bramble Company sells goods to Danone Inc. indicates that the cash discount will be taken. If Danone pays within 5 days, however, Bramble for the full sales price (a) Prepare the journal entry(les) to record the sale and related cost of goods sold for Bramble Company on January 2, 2017, and the payment titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select January 28, 2017. Assume that Bramble Company records the January 2, 2017, transaction using the net method. (Credit account o entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Date Debit Credit To record sales o record cost of goods sold) o record payment received) SHOW LTST OF ACCOUNTS LINK TO TEXT By accessina this Ouestion Assistance, vou will learn while vou earn noints based on the Point Potential Policy set I your instructor Attempts: 0 of 3 used SUBMIT ANSVWER SAVE FOR LATER (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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