Journalize the following assumed transactions for The Soda Pop Company. Show amounts in billions. a. Cash purchases
Question:
a. Cash purchases of inventory, $4.5 billion
b. Sales on account, $18.9 billion
c. Cost of goods sold (perpetual inventory system), $3.9 billion
d. Collections on account, $18.7 billion
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Billions a Inventory 45 Cash ...View the full answer
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Related Book For 
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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