Question
A company receives $ 696.00, of which $ 56 is for sales tax. The journal entry to record the sale would include a A) debit
A company receives $ 696.00, of which $ 56 is for sales tax. The journal entry to record the sale would include a
A) debit to Sales Revenue for $ 696
B) debit to debit to Sales Revenue for $ 696
C) debit to Cash for $ 696
D) debit to Sales Tax Expense for $ 56
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Accounting Principles
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
7th Canadian Edition Volume 1
1119048508, 978-1119048503
