QUESTION IMAGE
Question
journal entry worksheet
record the cost of goods sold, $4,666.
note: enter debits before credits.
date general journal debit credit
april 12
Step1: Identify the accounts involved
When recording the cost of goods sold, we debit the Cost of Goods Sold account and credit the Inventory account.
Step2: Enter the amounts
Debit the Cost of Goods Sold account for $4,666 and credit the Inventory account for $4,666.
| Date | General Journal | Debit | Credit |
|---|---|---|---|
| April 12 | Inventory | $4,666 |
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
| Date | General Journal | Debit | Credit |
|---|---|---|---|
| April 12 | Inventory | $4,666 |