How do you journal entry the following? Recorded merchandise sales during the period July 1 -July 15,

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How do you journal entry the following?

Recorded merchandise sales during the period July 1 -July 15, totaling 840,000. Of total sales, 30% wee in cash, remainder was on account. Cost of goods sold using LIFO was a total of 462,000.

Posted Date: Jun 21, 2024 04:00 AM

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How do you journal entry the following? Recorded merchandise sales during the period July 1 -July 15,

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