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Cobbe Sales Sold 400 Units of Product to a Customer

Question 41

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Cobbe Sales sold 400 units of product to a customer on account.The selling price was $28 per unit,and the cost,according to the company's inventory records,was $14 per unit.Provide the journal entry to record the cost of goods sold.(Assume a perpetual inventory system. )

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Note:Cost of Goods...

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