1. On Feb 6th, Cash register Sales total $129,600, which includes an 8% sales Tax

Prepare a Journal Entry to record Transcation

2. On March 3, peoples company sole $950,000 of merchandis to Virgina Company terms 1/10, n/30. The merchandise had cost Peoples $600,000. On March 6, Virgina Company returned $50,000 of the merchandise purchased on March 3.

prepare journal entry for Virgina Company on march 7

3.On February 28 the payroll for the month consisted of salaries and wages of 30,000 all the wages are subject to 7.65% FICA taces. A total of $9,000 federal income taxes are withhelf.

prepare Journal entry to record transactions