How Would I Journalize This Transaction: Dec 8 Received $22,400 On Account From Warthog Company, No Discount. This Sale Was Made In November
I was thinking:Accounts Receivable 22,400 Sales 22,400I'm not sure if this is correct?
Finance invested amount for each
Monico invests a total of $25,000 in two accounts paying 8% and 14% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $2,780.00. Find... more