Business, 14.04.2020 18:10 coolaadhya123
On May 1, 2020, Vaughn Inc. entered into a contract to deliver one of its specialty mowers to Kickapoo Landscaping Co. The contract requires Kickapoo to pay the contract price of $893 in advance on May 15, 2020. Kickapoo pays Vaughn on May 15, 2020, and Vaughn delivers the mower (with cost of $566) on May 31, 2020.(a) Prepare the journal entry on May 1, 2020, for Vaughn.
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On May 1, 2020, Vaughn Inc. entered into a contract to deliver one of its specialty mowers to Kickap...
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