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Transaction Debit Credit Sale of Merchandise - $10,000 Cost of Goods Sold $6,000 - Inventory $4,000 - Record the journal entry for the sale of
| Transaction | Debit | Credit |
|---|---|---|
| Sale of Merchandise | - | $10,000 |
| Cost of Goods Sold | $6,000 | - |
| Inventory | $4,000 | - |
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
