Question
What will be the journal entry for the below transaction A customer purchased a first edition of Catcher in the Rye for $23,000 from ABE
What will be the journal entry for the below transaction
A customer purchased a first edition of Catcher in the Rye for $23,000 from ABE Books on the Amazon web site. Amazon will collect the proceeds and remit them to ABE net of a 2% credit card fee and the 5% commission Amazon earned on the sale. ABE will ship the book to the customer.
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A Guide To Effective Internal Management System Audits Implementing Internal Audits As A Risk Management Tool
Authors: IT Governance Publishing
1st Edition
1849285594, 978-1849285599
