Specific Identification Example GENERAL JOURNAL Date Account Titles and explanation De bit Credit Aug. 14 Cash Retail 2,600 Sales 2600 14 Cost of Goods Sold Cost 1,985 Inventor 1985 A similar entry is made after each sale Continue Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999?The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Specific Identification Example Continue GENERAL JOURNAL Date Account Titles and Explanation Debit Credit Aug. 14 Cash 2,600 Sales 2,600 14 Cost of Goods Sold 1,985 Inventory 1,985 Retail Cost A similar entry is made after each sale