Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A cash register tape shows cash sales of $3640 and sales taxes of $230. The journal entry to record this information is Cash Sales

image text in transcribed

A cash register tape shows cash sales of $3640 and sales taxes of $230. The journal entry to record this information is Cash Sales Tax Revenue 3870 230 Sales Revenue 3640 Cash Sales Revenue Cash Sales Tax Expense 78F Sunny G 3640 3640 3640 230 A- 4+ 123 7415 #1 $F % & * 2 3 4 5 6 7 00 2 tab Q W E R T caps lock A shift T SDEG > T zxc VBN M

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Reporting Financial Statement Analysis and Valuation

Authors: Clyde P. Stickney

6th edition

324302959, 978-0324302967, 324302967, 978-0324302950

More Books

Students also viewed these Accounting questions

Question

What are the advantages and difficulties of outsourcing? LO.1

Answered: 1 week ago