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Transaction Details: Transaction Debit Credit Sale of Merchandise - $25,000 Cost of Goods Sold $10,000 - Inventory $15,000 - Record the journal entry for the
Transaction Details:
| Transaction | Debit | Credit |
|---|---|---|
| Sale of Merchandise | - | $25,000 |
| Cost of Goods Sold | $10,000 | - |
| Inventory | $15,000 | - |
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
