Question
What would be the journal entry for the following transaction (include account, amount, debit or credit): May 20 Received cash from the sale on May
What would be the journal entry for the following transaction (include account, amount, debit or credit):
May 20 Received cash from the sale on May 11. (May 11: Sold 2,000 of the yo-yos on account to Target, terms 2/10, n30, FOB for $3.00 per yo-yo. )
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Cost Accounting A Managerial Emphasis International
Authors: Charles T. Horngren, Srikant M. Datar, George Foster
11th Edition
8120323548, 978-8120323544
