Berger Company had sales in 2019 of $200,000. The goods sold cost Berger $125,000. The goods were
Question:
All Berger's goods sell for the same percentage gross profit.
Required:
Prepare the journal entries Berger uses to record its 2019 activity.
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Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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