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Transaction 5 Sales were $68,000. Merchandise was sold for 2 times its purchase cost. 30% of the sales were for cash. [ Note: Record the
Transaction 5 Sales were $68,000. Merchandise was sold for 2 times its purchase cost. 30% of the sales were for cash. [Note: Record the sales transaction first and the expense transaction second]
Options for Account portion:
Cash
Accounts Recievable
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:
Thank you for your help :)
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