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PLEASE HELP. I DON'T KNOW WHAT TO CHANGE THE WRONG ANSWERS TO, AND IT ALSO SAYS IT'S INCOMPLETE. PLEASE PROVIDE WITH THE CORRECT ANSWERS, THANKS!
PLEASE HELP. I DON'T KNOW WHAT TO CHANGE THE WRONG ANSWERS TO, AND IT ALSO SAYS IT'S INCOMPLETE.
PLEASE PROVIDE WITH THE CORRECT ANSWERS, THANKS!
Prepare journal entries for each transaction listed below. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. Sales on account were $720 and related cost of goods sold was $410. b. Issued 8,000 shares of $1 par value stock for $70,000 cash. points View transaction list eBook Journal entry worksheet Print References Record the sales on account of $720. Note: Enter debits before credits. Transaction Debit Credit a-1. General Journal Accounts receivable Sales revenue 720 720 Record entry Clear entry View general journal Prepare journal entries for each transaction listed below. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 10 points a. Sales on account were $720 and related cost of goods sold was $410. b. Issued 8,000 shares of $1 par value stock for $70,000 cash. View transaction list eBook Journal entry worksheet PrintStep by Step Solution
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