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On December 18 , intel receives $251,000 from a customer as down poyment on a total sale of $2.51 million for computer chips to bet
On December 18 , intel receives $251,000 from a customer as down poyment on a total sale of $2.51 million for computer chips to bet completed on January 23. On fanuary 23, the computer chips were delivered and the tempining cash was recewed from the customer, What joumal entries should intel recoed on December to and January 23 ? Assume intel usos the perpetual inventory syeteme and ther computer chias had a total production cost of $1.51 million. of no entry is required for a particular transactionjevent, select "No Journal Entry Pequifed" in the first account fleld. Enter your answers in dolfars, not millions. For example, 55,5 million thould be entered as 5,500,000.1 Journal entry worksheet Nus euter debses befaite treitis
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