Question
What is the accounting entry - Owner's wife paid for personal car for owner for $40,000. Your answer Rent is 2,500, Salary is 800,
What is the accounting entry - Owner's wife paid for personal car for owner for $40,000. Your answer Rent is 2,500, Salary is 800, Accounts Payable is 1,000, Cash is 2,000, COGS is 1,500 and Sales is 10,000. What is the Gros Profit and Net Profit? Your answer
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Engineering Economy
Authors: Leland T. Blank, Anthony Tarquin
8th edition
978-0073523439
