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Scenario: You sold $30,000 worth of finished goods and $1,000 worth of trading goods to a customer for $55,000 and $2,000, respectively. Prepare the t-accounts

  1. Scenario: You sold $30,000 worth of finished goods and $1,000 worth of trading goods to a customer for $55,000 and $2,000, respectively.
    1. Prepare the t-accounts to illustrate the impact of shipping
    2. Prepare the t-accounts to illustrate the impact of billing
    3. Prepare the t-accounts to illustrate the impact of payment

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