Score: 0 of 60 pts , 10f 1 (0 complete) Instructor-created question (CCA) (Click

Question

Score: 0 of 60 pts , 10f 1 (0 complete) Instructor-created question (CCA) (Click the lcon to view the additional information.) is the chart of accounts for Colin Cameron Appliance-Sioux City. As a new business, all beginning are $O. Click the icon to view the chart of accounts.) j. Sold appliances on account to ABC Contractors for $210,000, terms n/30 (cost, $84,000). Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Accounts Debit 0) Now journalize the expense related to the transaction" sale. Date Debit 0) Choose from any list or enter any number in the input fields and then click Check Answer. All parts Clear A Ch ;

Explanation / Answer

Accounts Receivable 210000          Sales revenue 210000 Cost of goods sold 84000         Inventory 84000

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