Question: @ Slow Time Question 9 View Policies Current Attempt in Progress On September 4, Roberta's Knickknacks buys merchandise on account from Sandhill Company. The selling

 @ Slow Time Question 9 View Policies Current Attempt in Progress
On September 4, Roberta's Knickknacks buys merchandise on account from Sandhill Company.

@ Slow Time Question 9 View Policies Current Attempt in Progress On September 4, Roberta's Knickknacks buys merchandise on account from Sandhill Company. The selling price of the goods is $500 and the cost of goods is $400. Both companies use the perpetual inventory systems. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. Journalize the transactions on the books of Roberta's Knickknacks. Date Account Titles and Explanation Credit Sept. 4 2. Journalize the transactions on the books of Sandhill Company Date Account Titles and Explanation Debit Credit Sept. 4 2. Journalize the transactions on the books of Sandhill Company. Date Account Titles and Explanation Debit Credit Sept. 4 (To record credit sale) (To record cost of good sold) Save for Later Attempts: 0 of AM Assigoment sent to Gradebook. Your grade is being recorded Tue Apr 7.2020, 10:16:04 AM (America/New York-04:00)

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