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Question Non industries had the following events in 2020 NOW TO Purchased 100 tonventory account at 38 Deco Sold out on account at 15 each
Question Non industries had the following events in 2020 NOW TO Purchased 100 tonventory account at 38 Deco Sold out on account at 15 each Assuming Notan Industries uses the perpetual inventory method, which set of entries tellest how the Nov 10 and Desvents would be income GA DATE Det Crear NOV 10 Inventory 800 Accounts payable Dec 5 Accounts receivable 1050 Sales 1010 Cost of goods sold 500 inventory DATE Debit Crede Nov 10 Inventory 500 Accounts payable 800 Dec 5 Accounts receivable 1.050 Sales 1.050 BO Debit Credit OC DATE 800 Nov. 10 Purchases 800 Accounts payable 1.050 Dec 5 Accounts receivable ven Deb Cro ONDATE 500 Nov 10 Inventory Accounts payable 000 1050 Docs Accounts receivable 1050 Sales Gred Det 800 DATE 800 Nov 10 1.050 Purchases Accounts payable Accounts receivable Sales Dec 5 1.050 Debit Credit DATE 800 Nov 10 Purchases 800 560 Dec 5 Accounts payable Cost of goods sold Inventory 580
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