Ramsden manufacturing sold merchandise with a gross price


Ramsden Manufacturing sold merchandise with a gross price of $25,000 to Garner's Hardware Store. Ramsden offered terms of 3/10, n/30.

Required:
Prepare the necessary journal entries to record the sale under the gross method.

 

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Accounting Basics: Ramsden manufacturing sold merchandise with a gross price
Reference No:- TGS0779386

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