Question
July 2, Walter Lantz invested $8000 in the business 3, Purchased $2000 merchandise from Patel and Sons, their invoice No. 756 4, Sold merchandise on
July 2, Walter Lantz invested $8000 in the business
3, Purchased $2000 merchandise from Patel and Sons, their invoice No. 756
4, Sold merchandise on account to Panda Co., invoice No. 1 - $300. The cost of merchandise was $225
5 Sold Merchandise on account to Buzzard Co., invoice No. 2- $600. The cost of merchandise was $225
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A Textbook Of Cost And Management Accounting
Authors: M N Arora
11th Edition
9390470501, 978-9390470501
