Review the following sales transactions for Dish Mart and re…
Review the following sales transactions for Dish Mart and record the required journal entries. Note that sales transactions are with customer, Emma Purcell. March 5: Dish Mart made a cash sale of 13 sets of dishes at a price of $700 per set to customer Emma Purcell. The cost per set is $460 to Dish Mart. Date Account Title Debit Credit March 5 To recognize sale with cash March 5 To recognize cost of sale