XYZ Baseball Glove Manufacturing sells 30 baseball gloves to a retailer for $400 each. The total sale revenue is $12,000 (30 x $400). The total cost of goods sold is $9,000. Prepare the entry XYZ Baseball Glove Manufacturing would make on 3/31/23 to record the sale.

Sep 8, 2023

 

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XYZ Baseball Glove Manufacturing sells 30 baseball gloves to a retailer for $400 each. The total sale revenue is $12,000 (30 x $400). The total cost of goods sold is $9,000. Prepare the entry XYZ Baseball Glove Manufacturing would make on 3/31/23 to record the sale.
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