Journalize the following assumed transactions for The Pepson Company. Show amounts in billions. a. Cash purchases of
Question:
a. Cash purchases of inventory, $3.8 billion
b. Sales on account, $19.7 billion
c. Cost of goods sold (perpetual inventory system), $4.5 billion
d. Collections on account, $18.8 billion
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Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
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