During December, Far Eas Services makes a credit sale of $2,200 (before sales taxes). The state sales tax rate is 6% and the sales tax rate is 2.5%. Record sales and sales tax payable. (If no entry is required for a particular transaction/event, select "No Journal Entry Requ the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 1 Accounts Receivable 2,387 Sales Revenue Sales Tax Payable
During December, Far Eas Services makes a credit sale of $2,200 (before sales taxes). The state sales tax rate is 6% and the sales tax rate is 2.5%. Record sales and sales tax payable. (If no entry is required for a particular transaction/event, select "No Journal Entry Requ the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 1 Accounts Receivable 2,387 Sales Revenue Sales Tax Payable
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 17MC: Sold goods for $650, credit terms net 30 days. Which journal would the company use to record this...
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