assume a retailer has a credit sale of $1400 with cost of the product being $1650. the

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assume a retailer has a credit sale of $1400 with cost of the product being $1650. the business pays $8 of processing fees which are deducted from the proceeds. the journal entry to record these sales would be

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College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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Posted Date: Aug 26, 2020 11:00 PM

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assume a retailer has a credit sale of $1400 with cost of the product being $1650. the

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The journal entry will be Date Account Dr Cr Accoun... View the full answer

College Accounting Chapters 1-30

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