Web Design Services billed its customers a total of $490,200 for the month of August, including 9

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Web Design Services billed its customers a total of $490,200 for the month of August, including 9 percent federal excise tax and 5 percent sales tax.

1. Determine the proper amount of service revenue to report for the month.

2. Prepare an entry in journal form to record the revenue and related liabilities for the month.

Payroll Expenses

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Financial Accounting

ISBN: 9780547070025

9th Edition

Authors: Jr. Belverd E. Needles, Marian Powers

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Question Posted: Jun 07, 2024 01:11 AM

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Web Design Services billed its customers a total of $490,200 for the month of August, including 9

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Financial Accounting

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