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Transaction 5 Sales were $72,000. Cost of merchandise sold was 75% of sales. 40% of sales were for cash. [Note: Record the complete entry for
Transaction 5
Sales were $72,000. Cost of merchandise sold was 75% of sales. 40% of sales were for cash. [Note: Record the complete entry for the sales first and the complete entry for the expenses second]
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
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Auditing An International Approach
Authors: Wally Smieliauskas, Amy Kwan, Kathleen Cogliano, Catherine Barrette
8th Canadian Edition
1259451275, 978-1259451270
