Required a. Record the inventory transactions in general journal format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list Date 03/05 Inventory Cash 04/10 04/10 06/19 06/19 09/16 11/28 11/28 Cash Sales revenue Cost of goods sold Inventory Cash Sales revenue Cost of goods sold Inventory Inventory Cash General Journal Cash Sales Cost of goods sold Gross margin Sales revenue Cost of goods sold Inventory journal entry worksheet $ 67,110 Debit 18,810 22,195 24,125 14,560 20,790 Credit 18,810 22,195 24,125 14,560 Calculate the gross margin Pam's Creations would report on the 2016 income statement. (Amounts to be deducted should be indicated with a minus sign.) 20,790

Required a. Record the inventory transactions in general journal format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list Date 03/05 Inventory Cash 04/10 04/10 06/19 06/19 09/16 11/28 11/28 Cash Sales revenue Cost of goods sold Inventory Cash Sales revenue Cost of goods sold Inventory Inventory Cash General Journal Cash Sales Cost of goods sold Gross margin Sales revenue Cost of goods sold Inventory journal entry worksheet $ 67,110 Debit 18,810 22,195 24,125 14,560 20,790 Credit 18,810 22,195 24,125 14,560 Calculate the gross margin Pam's Creations would report on the 2016 income statement. (Amounts to be deducted should be indicated with a minus sign.) 20,790

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Description: Please do not give solution in image format thanku Requireda. Record the inventory transactions in general journal format.(If no entry is required for a transaction/event, select "Nojournal entry required" in the first account field.)view transaction

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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