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Please help. I'm confused how this would be entered as a journal entry. December 1 Sold on credit to customer Ernie Young ( 11475 ),
Please help. I'm confused how this would be entered as a journal entry.
December 1 Sold on credit to customer Ernie Young (11475), tools and parts for $1,540 plus 7% sales tax (sales invoice number U2062). Uptight Tools, Inc., extends net 15-day credit terms to all customers. The cost of the merchandise sold totaled $770.00. (No Inventory entry required.)
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