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How much cash? What is debited and what is credited ? Transaction 2: Sold 8 units on account to Lennon for $37.50 per unit. The

How much cash?
What is debited and what is credited ? image text in transcribed
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Transaction 2: Sold 8 units on account to Lennon for $37.50 per unit. The cost of goods sold is $20 per unit Cash On Hand - Number of Bills 1x550 2x $20 0x510 51 x $500 4x $100 1 x $5 BANK $100 $26,000 Cash Balance Enter Cash Amount: 50 Receive Cush Pay Cash No Cash Transaction 2: Sold 8 units on account to Lennon for $37.50 per unit. The cost of goods sold is $20 per unit (GJ) General Journal Trans# DR/CR Account Debit Credit 2 CR v Select $0 $0 CR Select $0 $0 CR Select- $0 $0 CR --Select $0 $0 en + Previous Next

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