0
Wiki User
4615.3846
Margaret Ruecker ∙
120000 / 26 = 4,615.38462
187.5
2000
120000
0.2308
0.2
240000
30000
3% of 120000 = 3% * 120000 = 0.03 * 120000 = 3600
It is 120000, exactly as it appears in the question!
DR CR Inventory 120000 Capital 120000 DR CR Inventory 120000 Capital 120000