Journalize the following transactions for the month of February 1; a.Sold merchandise on account for $10,000 other income, other receivable,); Cost of Goods Sold $3,000 (Inventory, Cost of Sale) o. Received the utilities bill for $250.00 accrued expense, utilities expense) C. Salaries for the week are $3,300 (salaries expense, wages payable) d. Received and invoice of $100 for advertising.

Journalize the following transactions for the month of February 1; a.Sold merchandise on account for $10,000 other income, other receivable,); Cost of Goods Sold $3,000 (Inventory, Cost of Sale) o. Received the utilities bill for $250.00 accrued expense, utilities expense) C. Salaries for the week are $3,300 (salaries expense, wages payable) d. Received and invoice of $100 for advertising.

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Description: Please do not give solution in image format thanku Journalize the following transactions forthe month of February 1;a.Sold merchandise on account for $10,000(other income, other receivable,); Cost ofGoods Sold $3,000 (Inventory, Cost of Sale)b. Recei

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 12PB: Prepare journal entries to record the following transactions that occurred in March: A. on first day...

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