Question
A company receives $360, of which $29 is for sales tax. The journal entry to record the sale would include a debit to Sales Taxes
A company receives $360, of which $29 is for sales tax. The journal entry to record the sale would include a debit to Sales Taxes Payable for $29. debit to Cash for $360. O debit to Sales Taxes Expense for $29. debit to Sales Revenue for $360
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Introduction To Financial Accounting
Authors: Anne Marie Ward, Andrew Thomas
9th Edition
1526803003, 978-1526803009
