Given the following unidentified journal, write an explanation for each transaction Debits Credits Sales Acc Sales COGS Dr Date Cash Dis Rec Rev Other Acct Amount Inw Cr 1,250 Aug 8 3,000 3,000 Ruff, Capital2500 10 2,500 15 340 27 490 10 500 31 6,330 10 840 3,000 Totals 340 Lucille Adams Marshall F...

Aug 8 Sold merchandise with a cost of 1250 for ...

Given the following unidentified journal, write an explanation for each transaction. Debits Credits Sales Acc. Sales COGS

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Given the following unidentified journal, write an explanation for each transaction.

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Horngrens Accounting

ISBN: 978-0133855371

10th Canadian edition Volume 1

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood

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Question Posted: Mar 31, 2017 03:23 PM

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Given the following unidentified journal, write an explanation for each transaction. Debits Credits Sales Acc. Sales COGS

Question:

Debits Credits Sales Acc. Sales COGS Dr Date Cash Dis. Rec. Rev. Other Acct. Amount Inw. Cr 1,250 Aug. 8 3,000 3,000 Ruff, Capital2500 10 2,500 15 340 27 490 10 500 31 6,330 10 840 3,000 Totals 340 Lucille Adams Marshall Field 2,500 1,250

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Horngrens Accounting

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