Question

journal entry worksheet
record the cost of goods sold, $2,882.
note: enter debits before credits.
date general journal debit credit
april 08

Explanation:

Step1: Identify the account to debit

The cost of goods sold is an expense account. Expenses increase with debits. So, we debit the Cost of Goods Sold account.

Step2: Identify the account to credit

The inventory account is reduced when goods are sold. Inventory is an asset, and assets decrease with credits. So, we credit the Inventory account.

Answer:

Date	General Journal	Debit	Credit
April 08	Inventory		2882