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Business, 21.09.2019 02:30 gracie0818

The following transactions are july 2014 activities of craig�s bowling, inc., which operates several bowling centers (for games and equipment sales).a. craig�s collected $15,000 from customers for games played in july. b. craig�s sold bowling equipment inventory for $8,000; received $3,000 in cash and the rest on account. [the cost of goods sold (expense) related to these sales is $6,800.]c. craig�s received $4,000 from customers on account who purchased merchandise in june. d. the men�s and ladies� bowling leagues gave craig�s a deposit of $2,500 for the upcoming fall season. prepare the journal entry for the above transactions

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