Jericho Swings purchased 3 swing sets from Playscapes Manufacturing for $1,000 a piece on June 1, 2020. Jericho sold one of the swing sets for $1,500 dollars cash on July 5, 2020. Jericho uses the perpetual inventory method. Record the July 5th sale of the swing set. Debit choose your answer... type your answer... Credit choose your answer... type your answer... AND Debit choose your answer... type your answer... Credit choose your answer... type your answer...

Jericho Swings purchased 3 swing sets from Playscapes Manufacturing for $1,000 a piece on June 1, 2020. Jericho sold one of the swing sets for $1,500 dollars cash on July 5, 2020. Jericho uses the perpetual inventory method. Record the July 5th sale of the swing set. Debit choose your answer... type your answer... Credit choose your answer... type your answer... AND Debit choose your answer... type your answer... Credit choose your answer... type your answer...

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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