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Required: 1. Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select No journal entry required in the first account
Required:
1. Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Sold a pair of skis from inventory in a ski shop to a customer for $590 on account. (The cost of the skis was $290). Record the sale.
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