Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. journal entry for cost of merchandise sold $30,0

Journal Entry for Cost of Merchandise Sold $30,000 sale of Merchandise Sold ...

80.2K

Verified Solution

Question

Accounting

Journal Entry for Cost of Merchandise Sold
$30,000 sale of Merchandise Sold
Terms 2/10, n/30
Cost of Merchandise was $22,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

QUESTION 15 Given X 100 94 77 99 71 83 and Y 45 36 20...

Statistics
Q

Which supportive information type is used here? "Within a couple of years, when he was...

Biology
Q

An engine will stall when the fuel pressure falls below zero psi ie when P...

Algebra
Q

Maintenance costs at a...

Accounting
Q

According to the product cycle hypothesis, when a product is first invented Multiple Choice O...

Accounting
Q

Using the following information in table below, net cash flows from investing activities Cash flows...

Accounting
Q

On a university course outline, 40% of the course evaluation is assigned to group projects...

Accounting
Q

1-Explain the difference between the operating lease and capital lease accounting wise? 2--How much...

Accounting
Q

An ""equity method"" investment has a beginning balance of $250,000. This investment balance represents 40%...

Accounting
Q

Shane wants to invest money in an investment account paying 10% interest compounding semiannually. Shane...

Accounting
Q

Your Corporation, a calendar-year company, acquired a new machine on 1/1/17. The cost of the...

Accounting
Q

Apocalyptica Corp. pays a constant $25 dividend on its stock. The company will maintain this...

Finance