Question
oncord Company buys merchandise on account from Riverbed Company for $760. Concord sells the goods to Ellis for $1,152 cash. Use a tabular summary to
oncord Company buys merchandise on account from Riverbed Company for $760. Concord sells the goods to Ellis for $1,152 cash. Use a tabular summary to record the transactions for Concord Company using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets = Liabilities + Stockholders' Equity Cash + Inv. = + + Retained Earnings Accts. Pay. Common Stock Rev. - Exp. enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount select an account title enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount select an account title enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount select an account title
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