accounting-The February 2, 2013 income statement and balance sheet
QUESTION
The February 2, 2013 income statement and balance sheet for Kohlâs Corporation shows the following items (in millions):Net sales$19,279Cost of merchandise sold12,289Merchandise inventories3,748Required: Prepare the journal entries to record Net sales and Cost of goods sold for Kohlâs for 2013. Assume all sales are for cash
ANSWER:
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