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prepare journal entries: You received orders and $300 of cash from customers on December 28, 2016.
prepare journal entries:
You received orders and $300 of cash from customers on December 28, 2016. You delivered 2/3 of the products on December 29, 2016 but the other 1/3 was still on the truck on December 31, 2016. The sales were FOB destination. None of these transactions have been recorded in 2016 yet