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A cash register tape shows cash sales of $6;000 and sales taxes of $300. The journal entry to record this information is Cash 6;000 Sales
A cash register tape shows cash sales of $6;000 and sales taxes of $300. The journal entry to record this information is Cash 6;000 Sales Tax Expense 300 Sales Revenue 6;300 Cash 6;300 Sales Tax Revenue 300 Sales Revenue 6;000 Cash 6;000 Sales Revenue 6;000 Cash 6;300 Sales Revenue 6;000 Sales Tax Payable 300
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