journal entry worksheet\nrecord the cost of goods sold, $4,666.\nnote: enter debits before credits.\ndate…
journal entry worksheet\nrecord the cost of goods sold, $4,666.\nnote: enter debits before credits.\ndate general journal debit credit\napril 12
Answer
Explanation:
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 | Cost of Goods Sold | $4,666 | |
| April 12 | Inventory | $4,666 |
Answer:
| Date | General Journal | Debit | Credit |
|---|---|---|---|
| April 12 | Cost of Goods Sold | $4,666 | |
| April 12 | Inventory | $4,666 |