subject
Business, 24.10.2021 05:40 mandilynn22

sold inventory with a selling price of $4,500 to customers for cash. It also colected sales taxes of $225. The journal entry to record this information includes a A. credit to Sales Tax Expense $225. B. credit to Sales Revenue $4,725. C. debit Sales Tax Payable $225. D. debit to Cash of $4,725.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 1
question
Business, 22.06.2019 11:00
Acoase solution to a problem of externality ensures that a socially efficient outcome is to
Answers: 2
question
Business, 22.06.2019 15:00
Because gloria's immediate concern was the perceived gender discrimination, she would be more concerned about than intent, resultsresults, intentstatistics, trendsrace,gendergender,race
Answers: 2
question
Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
You know the right answer?
sold inventory with a selling price of $4,500 to customers for cash. It also colected sales taxes of...
Questions
question
Mathematics, 18.10.2019 00:30
Questions on the website: 13722361