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Sales were $78,000. Cost of merchandise sold was 50% of sales. 30% of sales were for cash. [ Note: Record the complete sales entry first,
Sales were $78,000. Cost of merchandise sold was 50% of sales. 30% of sales were for cash. [Note: Record the complete sales entry first, and the complete expense entry second.]
options for account: Cash, accounts receivable, inventory, prepaid rent, fixtures and equipment, accounts payable, interest payable, wages payable, notes payable, paid-in-capital, retained earnings, leave blank
Account: Dollar Amount:
Account: Dollar Amount:
Account: Dollar Amount:
Account: Dollar Amount:
Account: Dollar Amount:
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