Monahan sold 2,000 units of inventory on account for $60 each. Monahan originally paid $30 for each unit. The journal entries to record the sale of the 2,000 units include.

Principles of Accounting Volume 2
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Chapter5: Process Costing
Section: Chapter Questions
Problem 19EA: Prepare the journal entry to record the sale of 2,000 units that cost $8 per unit and sold for $15...
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Monahan sold 2,000 units of inventory on account for $60 each. Monahan originally paid $30 for each unit. The journal entries to record the sale of the 2,000 units include. 

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