on december 18, intel receives $252,000 from a customer toward a cash sale of $2.52 million for computer chips to be completed on january 23. the computer chips had a total production cost of $1.52 million. what journal entries should intel record on december 18 and january 23? assume intel uses the perpetual inventory system.

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02-11-2022
Business

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on december 18, intel receives $252,000 from a customer toward a cash sale of $2.52 million for computer chips to be completed on january 23. the computer chips had a total production cost of $1.52 million. what journal entries should intel record on december 18 and january 23? assume intel uses the perpetual inventory system.

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