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Jul. 3 : Sold computers on account for $ 1 0 , 0 0 0 to Stuart Auto Store, terms 2 1 5 , n

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Jul. 3: Sold computers on account for $10,000 to Stuart Auto Store, terms 215,n60. The cost of the computers is $6,000.
Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step.
\table[[Date,Accounts and Explanation,Debit,Credit],[Jul.3,Accounts Receivable-Stuart Auto Store,,],[Sales Revenue,,,]]
Jul. 3: Sold computers on account for $10,000 to Stuart Auto Store, terms 215,n60. The cost of the computers is $6,000.
Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step.
\table[[Date,Accounts and Explanation,Debit,Credit],[Jul.3,Accounts Receivable-Stuart Auto Store,,],[Sales Revenue,,,]]
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