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prepare a journal entry for the following narrative: On January 31, 2013 Sun-Glass Hut paid...

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Accounting

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prepare a journal entry for the following narrative:

On January 31, 2013 Sun-Glass Hut paid KAT Watches Inc $3,170,062.50 for 21,750 custom watches. As part of the order KAT Watches has promised to in-print Sun-Glass Hut's insignia on each watch band. KAT Watches Inc plans to have the first batch of 10,000 watches ready for shipment to Sun-Glass Hut on October 31, 2013. The remaining batch of watches will not be ready for shipment until January of the following year. Prepare the July 31st Journal Entry.

Tut darle Polu) Alyado atentate proper mal entry) KAT Wat Internal Yeay-Dete2013 1) Olay 1, 2011 Kai Aly, and Twisted SS75.000 cash and we $300.000 da Wirehouse Facility with SOS.com KAT Wani Lope KAT Watches ine will fit let in the business of buy and selling to watch Tut darle Polu) Alyado atentate proper mal entry) KAT Wat Internal Yeay-Dete2013 1) Olay 1, 2011 Kai Aly, and Twisted SS75.000 cash and we $300.000 da Wirehouse Facility with SOS.com KAT Wani Lope KAT Watches ine will fit let in the business of buy and selling to watch

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