Dec. 6 Paid $1,800 for salaries and wages due employees, of which $800 is for December and $1,000 is for November salaries and wages payable. Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $6,500. The cost of the merchandise sold vwas $3,900.
Dec. 6 Paid $1,800 for salaries and wages due employees, of which $800 is for December and $1,000 is for November salaries and wages payable. Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $6,500. The cost of the merchandise sold vwas $3,900.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![Dec. 6
Paid $1,800 for salaries and wages due employees, of which $800 is for December and $1,000 is for November salaries and wages payable.
8
Received $1,900 cash from customers in payment of account (no discount allowed).
10
Sold merchandise for cash $6500. The cost of the merchandise sold was $3,900.
Jougal enk xies](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6c653734-6dbd-4440-b54f-d65e61259bb4%2Ff7f1aaac-47ae-484d-8fdc-5fe66f39010d%2Fhssaako_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Dec. 6
Paid $1,800 for salaries and wages due employees, of which $800 is for December and $1,000 is for November salaries and wages payable.
8
Received $1,900 cash from customers in payment of account (no discount allowed).
10
Sold merchandise for cash $6500. The cost of the merchandise sold was $3,900.
Jougal enk xies
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