Slayboo616 Slayboo616

Today at 12:28 AM
Business

Answered

EA19.
LO 5.5Prepare the journal entry to record the sale of 2,000 units that cost $8 per unit and sold for $15 per unit.

Answer :

ijaz4308 ijaz4308

Today at 12:33 AM

Answer:

Please see explanation:

Explanation:

The Journal entries for sale of 2,000 units shall be recorded as:

Journal entry 1

Debit Credit

Accounts Receivable $30,000

(2,000*15)

Revenue $30,000

Journal entry 2

Cost of sales $16,000

(2,000*8)

Inventory $16,000

Answer Link

Other Questions

The Wagner Act of 1935 was New Deal legislation passed in response to . A.the Progressive Era B. the Great Depression C. the Cold War D. the Red Scare

Which of the following is not required for soinething to be considered a sport? a. competition b. physical skill c. outdoors d. rules

Which of the following is not required for soinething to be considered a sport? a. competition b. physical skill c. outdoors d. rules

What does adept mean

Even though the bones are very hard, the two bones that form a joint do not cause friction, except in the elderly. Which of the statements below is an appropria

find the square root of : 9.634970

describe the rocket man of india in comparision with the missile man of india

they punished me for something i didn't do into passive voice

1.Constitution of India recognizes the tribals and the ethnic groups as

factor 81 and 16 answer please

Which of the following is a "social contract?" A belief that government has final authority over citizens An agreement between citizens and non-citizens in gove

3. A plant in Mikayla's garden was 40 inches tall one day and was 4 feet tall one week later. Bywhat percent did the plant's height increase over one week?

How much of the oil used in the us comes from other countries

what is the area of the figure below? A.63in B.61in C.58in D.53in PLEASE HELP

Which group of Athenians most likely opposed the introduction of democracy?

4) Under what age is a person considered away without consent if the parent has not given them permission to leave? a) 12 b) 13 c) 14 d) 17

Cal is creating a circular garden for his yard. The radius of the garden is 15 feet. He wants to put fencing around the garden that costs $3.54 per foot. How mu

Becca sells bracelets for $9 each. She has to pay $4.35 for the materials for each bracelet. How much money does she make from each bracelet after she pays hers

my ones digit is one more than 10 my tens digit my Hundred digit is one less than my tens digit my ones digit is 3 what number am I

Your manager has asked you to research and recommend a writing guide that examiners in your digital forensics company can use for all official written reports.