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What is the debit entry to cost of goods sold

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Reference no: EM132838405

Consider the following:

  1. April 20 current year: Sarah bought 80 bags of mulch for $640.00
  2. June 12 current year: Sarah bought 75 bags of mulch for $618.75
  3. July 1 current year: Sarah sold 125 bags of mulch to Smith Landscaping

Problem 1: What is the debit entry to Cost of Goods Sold when Sarah records the sale to Smith Landscaping?

Reference no: EM132838405

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