Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A cash register tape shows cash sales of $8200 and sales taxes of $410. The journal entry to record this information is Cash 8610 Sales

image text in transcribed

A cash register tape shows cash sales of $8200 and sales taxes of $410. The journal entry to record this information is Cash 8610 Sales Revenue 8200 Sales Taxes Payable 410 Cash 8200 Sales Tax Expense 410 Sales Revenue 8610 Cash 8610 Sales Tax Revenue 410 Sales Revenue 8200 Cash 8200 Sales Revenue 8200

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

Step: 3

blur-text-image

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

Sound Investing, Chapter 18 - Significant Accounting Policies And Changes In Them

Authors: Kate Mooney

3rd Edition

0071719407, 9780071719407

More Books

Students also viewed these Accounting questions

Question

Determine miller indices of plane A Z a/2 X a/2 a/2 Y

Answered: 1 week ago

Question

=+What kind of question would you ask to encourage their response?

Answered: 1 week ago

Question

=+Does it keep the visitor reading?

Answered: 1 week ago