record a journal entry worksheet

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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Date Activities Units Acquired at Cost Units Sold at Retail
January 1 Beginning inventory 40 units @ $2 = $ 80      
January 3 Sales           30 units @ $8
February 14 Purchase 70 units @ $3 = $ 210      
February 15 Sales           60 units @ $8
June 30 Purchase 90 units @ $4 = $ 360      
November 6 Sales           86 units @ $8
November 19 Purchase 20 units @ $5 = $ 100      
  Totals 220 units     $ 750 176 units  

record a journal entry worksheet

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