company uses the weighted average cost method. All sales are credit sales. (Round final answers to 2 decimal places, eg. 5,275.25. Credit account titles are automatically indented 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) Date Account Titles and Explanation Apr. 28 Apr. 28 (To record credit sale) (To record cost of goods). Debit Credit 1114M
Ch 68 Question 1 of 2 C View Policies Current Attempt in Progress April 1 inventory April 15 purchase April 23 purchase > Jose Zorilla uses a perpetual inventory system. During April, he sold 700 units, (270 units on April 20 and 430 units on April 28). The following other information is available: Units 250 400 350 1.000 Unit Cost $12.20 16.60 14.70 Total Cost $3,050.00 6,640.00 5.145.00 $14,835.00 .../30 ! 4
Prepare the journal entries to record the sale of units on April 28 for a total of $10,208, assuming the Prepare the journal entries to record the sale of units on April 28 for a total of $10,208, assuming the company uses th
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am