None 3Dextra Computing sells merchandise for $20,000 cash on September 30 (cost of merchandise is $12,000). Dextra collects 9% salestax. Record the entry for the $20,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this saleto the government on October 15.View transaction listJournal entry worksheet<123Record the cash sales and 9% sales tax.Note: Enter debits before credits.DateSeptember30General JournalDebitCredit>Record entryClear entryView general journal

Sales Tax is the tax collected on the sales made by the company from the customer. It is the…

Dextra Computing sells merchandise for $20,000 cash on September 30 (cost of merchandise is $12,000). Dextra collects 9% sa tax. Record the entry for the $20,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this to the government on October 15. View transaction list Journal entry worksheet < 1 2 3 Record the cash sales and 9% sales tax. Note: Enter debits before credits. Date September 30 General Journal Debit Credit Record entry Clear entry View general journal >

Dextra Computing sells merchandise for $20,000 cash on September 30 (cost of merchandise is $12,000). Dextra collects 9% sa tax. Record the entry for the $20,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this to the government on October 15. View transaction list Journal entry worksheet < 1 2 3 Record the cash sales and 9% sales tax. Note: Enter debits before credits. Date September 30 General Journal Debit Credit Record entry Clear entry View general journal >

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter9: Current Liabilities And Contingent Obligations

Section: Chapter Questions

Problem 6RE: Smith Company is required to charge customers an 8% sales tax on all goods it sells. At the time of...

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