Consider the following transactions of Johnson Software: Jul 31 Recorded cash sales of ($210,000), plus sales tax

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Consider the following transactions of Johnson Software:

Jul 31 Recorded cash sales of $$210,000$, plus sales tax of 8% collected for the state of Texas.
Aug 6 Sent July sales tax to the state.

Requirement
1. Journalize the transactions for the company.

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Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

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Question Posted: May 16, 2024 02:00 AM

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Consider the following transactions of Johnson Software: Jul 31 Recorded cash sales of ($210,000), plus sales tax

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answer A question in accounting Lets break down the transactions and journalize them accordingly Tra...View the full answer

Financial And Managerial Accounting

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