FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Prepare
Accounts Payable | Merchandise Inventory | Sales Discount |
Cash | Sales | Sale Tax Payable |
PLEASE NOTE: You must follow the format in the textbook and enter the account names exactly as written above and all dollar amounts will be rounded to two decimal places with "$" and commas as needed (i.e. $12,345.67).
- Elegant Electronics sells a cellular phone on September 2 for $450:
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DR DR or CR? CR - On September 6, Elegant sells another cellular phone for $500:
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DR DR or CR? CR - The remittance of all sales tax to the tax board on October 23:
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DR CR
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