Question on entry Transaction Number #1462 in the Sample File - Rock Castle Construction
I have Desktop Premier 2019. I download the quickbooks sample file for product based business. The Sample Company is Rock Castle Construction.
I have a question on a transaction in this sample file. I do not understand why Cost of Goods Sold would be on this Transaction Journal entry.
The attached pdf has snapshots of the Bill and the Transaction Journal.
The debit and credit of $4,368.51 is the question. I do not see how on this entry there would be a debit to Cost of Goods Sold $4,368.15 and credit to Inventory $4,368.51.
Couple notes: the Interior Door Kit is an Inventory Assembly Item and Wood Door Exterior is an Inventory Item. I would not think that would make a difference. To me the $4,368.15 debit and credit should not be on the entry.