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Bob makes a sale to John for 455,000, with a cost of 265,000. Record the entry for the Sale. Particular Accounts Receiva
Posted: Tue Jul 05, 2022 11:24 am
by answerhappygod
- Bob Makes A Sale To John For 455 000 With A Cost Of 265 000 Record The Entry For The Sale Particular Accounts Receiva 1 (17.05 KiB) Viewed 10 times
Bob makes a sale to John for 455,000, with a cost of 265,000. Record the entry for the Sale. Particular Accounts Receivable Cash COG Sold Inventory Debit $445,000 $265,000 Credit On Jan 31st John pays the amount record the entry? $445,000 $265,000 Bob determines the amount to be uncollectible on Dec 31st record the entry using the Allowance for Doubtful Accounts Write off method