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Other Fields Homework Help Accounting Topic started by: lover567 on Jul 21, 2018



Title: Argus sells auto parts. On August 1, a customer purchases parts for $3,900 cash. The parts cost ...
Post by: lover567 on Jul 21, 2018
Argus sells auto parts. On August 1, a customer purchases parts for $3,900 cash. The parts cost Argus $1,300. Argus uses the perpetual inventory method.

Required: Prepare the necessary entries to record the sale.


Title: Argus sells auto parts. On August 1, a customer purchases parts for $3,900 cash. The parts cost ...
Post by: leel on Jul 21, 2018
 
January 1Cash3,900
         Sales Revenue3,900

January 31Cost of Goods Sold1,300
         Inventory1,300



Title: Argus sells auto parts. On August 1, a customer purchases parts for $3,900 cash. The parts cost ...
Post by: lover567 on Jul 21, 2018
Thank you for helping me with my quiz


Title: Argus sells auto parts. On August 1, a customer purchases parts for $3,900 cash. The parts cost ...
Post by: leel on Jul 21, 2018
:okay: