Prepare the journal enrty to record the sales

Reference no: EM13298436

Your company had a special sales for september. You allowed the customers to pay 1/2 immediately and 1/2 at the end of year two. The customers paid their initial payment in cash. Credit cards are the same as cash. Your company earns 6% on it's assets. The company had $660,000 of promotional sales in september. Prepare the journal enrty to record the sales.

Reference no: EM13298436

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