- Joined
- Sep 7, 2013
- Messages
- 1
- Reaction score
- 0
Dear Friends,
If i bought 500 books for 90 dollars each and The terms indicate payment is due withing 30 days of delivery... THEN sold 450 books for 150 dollars each in the last week of January. Then what are my journal entry for the purchase and sale of the books for the month of January 2013.
Please explain and advise.
Many Thanks
If i bought 500 books for 90 dollars each and The terms indicate payment is due withing 30 days of delivery... THEN sold 450 books for 150 dollars each in the last week of January. Then what are my journal entry for the purchase and sale of the books for the month of January 2013.
Please explain and advise.
Many Thanks