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Business, 05.05.2020 22:25 brooklyn4932

Prepare the journal entry for a purchase of 6,000 widgets at $8.00 per unit, assuming widgets have a standard cost of $8.15 per unit. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

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Prepare the journal entry for a purchase of 6,000 widgets at $8.00 per unit, assuming widgets have a...
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