Ask Question
22 February, 07:51

utomobiles sold an automobile for $ 30 comma 000 on account. The cost of the automobile was $ 16 comma 660. The sale of the automobile came with one year of free oil changes valued at $ 340. What would be the journal entry to record the sale?

+4
Answers (1)
  1. 22 February, 08:14
    0
    Dr Accounts Receivable 30,000

    Cr Sales Revenue 46,320

    Cr Service revenue 340

    Dr Cost of goods sold 16,660
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “utomobiles sold an automobile for $ 30 comma 000 on account. The cost of the automobile was $ 16 comma 660. The sale of the automobile came ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers