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Need help calculating this. View Previous Entry Close JE Clear Journal Week: 4 Transaction: 12 December 28 Record a sale for cash and a note
Need help calculating this.
View Previous Entry Close JE Clear Journal Week: 4 Transaction: 12 December 28 Record a sale for cash and a note receivable A sale was made to a local snowmobile club which issued a $25,000.00, 12%, 60-day note receivable (dated today) and paid the remaining balance of the invoice of $32,375.00 in cash. Invoice Number: G3024. Inventory Sold: T1500 - 3 unit(s) and SW660 2 unit(s) Date Account Numbers and Titles 101 Cash Debit Credit Dec. 28 109 Notes Receivable 401 Snowmobile and Accessories Sales 32375.00 Verify Journal Verify Documents Post Ledger Step by Step Solution
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