your organization (gbi) has received the order to sell 30 bikes from a company called (rmb). so, rmb is your customer. the cost of each bike is $1400 (for 30 bikes the cost of goods sold is $42000) and each bike is sold at $2800 (30 bikes the total is $ 84000). gbi (your organization) sends invoice to rmb. prepare the t accounts to illustrate the impact of this sale on the general ledger:
