Question
when the amount is entered. Do not indent manually. If no entry is required, select No Entry for the account titles and enter O
when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round the average cost per unit to three decimal places, e.g. 5.275 and final answers to O decimal places, e.g. 5,275.) Date Account Titles and Explanation June 6 Merchandise Inventory Accounts Payable (To record purchase on account.) Oct. 18 Accounts Receivable Sales (To record sales on account.) Oct. 18 Cost of Goods Sold Merchandise Inventory (To record cost of goods sold.) eTextbook and Media List of Accounts Question Part Score Your answer is incorrect. Calculate gross profit for the year. (Round answer to O decimal places, e.g. 5,275.) Gross profit $ eTextbook and Media List of Accounts Debit 80850 68200 46200 Credit 80850 68200 42600 8.89/10
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