wandapreddy401 wandapreddy401
  • 17-11-2017
  • Business
contestada

What entry would blue make to record the sale of the machine for $30,250 cash?

Respuesta :

andriansp andriansp
  • 27-11-2017
An increase in cash would definitely placed in debit because it considered an asset and we need to place the increase of sales on the credit side.
So, in this case, the entry would be

Cash       $ 30,250
       Sales                $ 30.250
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