A new RAM Manufacturing customer, Tri-Auto Repair, orders parts on August 1, 20XX for delivery the following week and pays cash in advance for the order. The selling price of the parts is $10,000 and the cost of goods sold is $6,500. The parts are delivered on August 10, 20XX. Record the three accounting transactions.

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The Answer of A new RAM Manufacturing customer, Tri-Auto Repair, orders parts on August 1, 20XX for delivery the following week and pays cash in advance for the order. The selling price of the parts is $10,000 and the cost of goods sold is $6,500. The parts are delivered on August 10, 20XX. Record the three accounting transactions.

A New RAM Manufacturing Customer, Tri-Auto Repair, Orders Parts on August