UOPX XACC 290 WEEK 8 EXERCISE 3 BE5-2
Question Description
Pocras Company buys merchandise on account from Wedell Company. The selling
price of the goods is $900 and the cost of the goods sold is $590. Both
companies use perpetual inventory systems. Journalize the transactions on the
books of both companies.
Question Description
Pocras Company buys merchandise on account from Wedell Company. The selling price of the goods is $900 and the cost of the goods sold is $590. Both companies use perpetual inventory systems. Journalize the transactions on the books of both companies.