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it says the answer is incomplete. Partial balance sheets and additional information are listed below for Funk Company. Additional information for 2024: Net income was
it says the answer is incomplete.
Partial balance sheets and additional information are listed below for Funk Company. Additional information for 2024: Net income was $162,000. Depreciation expense was $22,000. Sales totaled $720,000. Cost of goods sold totaled $317,000. Required: Prepare the summary entry for the amount of cash received from customers during 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the entry for the amount of cash received from customers during 2024. Note: Enter debits before creditsStep by Step Solution
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