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The following transactions are July 2014 activities of Craigs Bowling, Inc., which operates several bowling centers (for games and equipment sales). How to record this
The following transactions are July 2014 activities of Craigs Bowling, Inc., which operates several bowling centers (for games and equipment sales). |
How to record this journal entry?
e. | Craigs sold bowling merchandise costing $3,290. [Craigs sold bowling equipment inventory for $8,200; received $2,300 in cash and the rest on account.] |
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