accounting

debit and credit journal entries- Sold merchandise with retail value of $6,000 and a cost of $4,080 to Chang Corp., invoice dated Jan. 13.

Started by Sharon Barrett ( Lindenwood University )

Debit - Chang Corp. Account (Accounts Receivable): $6,000 Credit - Sales: $6,000 Debit - Cost of Goods Sold: $4,080 Credit - Inventory: $4,080

Answered by lstewart

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