Answered step by step
Verified Expert Solution
Question
1 Approved Answer
help with this journal entry I dont understand what im doing wrong I have included Inventory COGS sheets what information is missing begin{tabular}{|l|l|l|l|} hline 1-Dec
help with this journal entry I dont understand what im doing wrong I have included Inventory COGS sheets
what information is missing
\begin{tabular}{|l|l|l|l|} \hline 1-Dec & \begin{tabular}{l} Sold 275 units to Storm \\ Troopers Unlimited on account \\ for $805 each. \end{tabular} & Sales Revenue & 221,375 \\ \hline & Inventory & 221,375 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline 1-Dec & Accounts Receivable & & 221,375 & \\ \hline & & Sales Revenue & & 221,375 \\ \hline & Cost of Goods Sold & & & \\ \hline & & Inventory & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 1-Dec & \begin{tabular}{l} Sold 275 units to Storm \\ Troopers Unlimited on account \\ for $805 each. \end{tabular} & Sales Revenue & 221,375 \\ \hline & Inventory & 221,375 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline 1-Dec & Accounts Receivable & & 221,375 & \\ \hline & & Sales Revenue & & 221,375 \\ \hline & Cost of Goods Sold & & & \\ \hline & & Inventory & & \\ \hline \end{tabular} Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started