$10$

QS $9-3($Algo$)$ Accounting for sales taxes LO C$2$

Dextra Computing sells merchandise for $$5,000$ cash on September $30($cost of merchandise is $$3,000).$ Dextra collects $8\%$ sales tax. Record the entry for the $$5,000$ sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October $15.$

Journal entry worksheet

References

Record the cash sales and $8\%$ sales tax.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[\backslash$table$[[$September$],[30]],,,],[,,,],[,,,],[,,,],[,,,]]$