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Situation A ( 2 Marks ) At the end of Fiscal 2 0 1 9 , the accountants find an invoice for the purchase of

Situation A

(2

Marks

)

At the end of Fiscal

2019,

the accountants find an invoice for the purchase of a product that was shipped to a customer that was not fully recorded. The sale amount was $

60, 000

and the cost of the inventory was $

30, 000 .

The sale was recorded correctly. What is the adjusting entry for the cost of the transaction?

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