To earn this week's participation points, please imagine you have a company, and your company buys and

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Question:

To earn this week's participation points, please imagine you have a company, and your company buys and sells one product. Set a selling price for your product and also estimate a price that you pay to buy the product from a supplier. Tell us about them and post the journal entries you will make when you SELL 20 units of your product to a customer!

Participation - Journal Entries for selling a product