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Requirement 1 Joumaluo Holio's transactions during August 2024 , assuming Helio uses the droct wite-olt methad. Sales of $106,200 (599,000 on accourt, $7,200 for cash)

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Requirement 1 Joumaluo Holio's transactions during August 2024 , assuming Helio uses the droct wite-olt methad. Sales of $106,200 (599,000 on accourt, $7,200 for cash) kgrore Cost of Goods Sold (Rocord debits firgy, then credite, Select the explenationion the last line of the joumal entry table Preave a zingle compound joumal entry. During Aurint 2024, thio Conpary recoricd the folowing Requirements - Sales af $196,200 (\$99,000 on account; \$1,200 for cash) lagore Cont of Goods Sold 1. Joumsite Holos tramactions during Augast 2024, assuming Helio uses the - Colectione on account, $91, woo - Wile offs of uncoloctible nocevalies, 51,600 2. Joundure Holios tramictons during Aoment 2024, assuming Helio uses the - Picorer of recetrable periously witsen off, 51,100

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