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Business, 12.03.2020 23:56 loudermilkb117

Sept. 12: Sold computers on account for $ 10 comma 600 to a customer, terms 1 divided by 15 comma n divided by 45. The cost of the computers is $ 6 comma 360. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Accounts and Explanation Debit Credit Sept. 12 Accounts Receivable 10494 Sales Revenue 10494 Sale on account less discount.

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Sept. 12: Sold computers on account for $ 10 comma 600 to a customer, terms 1 divided by 15 comma n...
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