Question
A company made retail sales of $20,000 to its customers. The sales tax rate is 8.0%. All sales are cash sales. What is needed in
A company made retail sales of $20,000 to its customers. The sales tax rate is 8.0%. All sales are cash sales.
What is needed in the journal entry to record these sales?
Im looking for a journal entry of this situation.
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
2nd Edition
0030452961, 978-0030452963
