Question
A cash register tape shows cash sales of $6,000 and sales taxes of $300. The journal entry to record this information is: a. Dr. Cash
a. Dr. Cash 6,000 Dr. Sales Tax Expense 300 Cr. Sales Revenue 6,300
b. Dr. Cash 6,300 Cr. Sales Tax Revenue 300 Cr. Sales Revenue 6,000
c. Dr. Cash 6,000 Cr. Sales Revenue 6,000
d. Dr. Cash 6,300 Cr. Sales Revenue 6,000 Cr. Sales Tax Payable 300
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General Journal Debit Credit Cash 6300 Sales Revenue 6000 Sales Ta...Get Instant Access to Expert-Tailored Solutions
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Get StartedRecommended Textbook for
Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
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