 Excel Accounting Practice Problem, Sales Receipt, Payment Received at Point of Sale. Get ready because we're about to Excel. Here we are in our Excel worksheet in prior presentations. We put together the worksheet from a blank sheet now continuing to enter transactions into it. If you have access to it, there's going to be two tabs on down below. We got the example tab and the practice tab. The practice tab starting out where the prior video left off. The example tab in essence being an answer key. Let's take a look at it now. Recording transactions related to a sale where we get paid at the same point in time. You can consider this or imagine a sale that happens where you're at basically the check register at that point in time. The check register often recording the thing that the customer will see the sales price and so on, but not recording the other half of the transaction if you have a perpetual inventory system in place, such as the decrease in the inventory related cost of goods sold. So those