Journalize the following transactions for the Evans Company. Assume the company uses a perpetual inventory system. 11/17
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Question:
Journalize the following transactions for the Evans Company. Assume the company uses a perpetual inventory system.
11/17 Sold merchandise for $645. The cost of merchandise sold was $375.
11/18 Sold merchandise for $432 and accepted VISA as the form of payment. The cost of merchandise sold was $195.
11/19 Sold merchandise on account for $670. The cost of merchandise sold was $438.
11/30 Paid credit card fees for the month of $85.
Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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