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all connected to one question, please help cation.com/extaprindex. Hel Seved er 9 Required information The following information applies to the questions displayed below) The following

all connected to one question, please help
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cation.com/extaprindex. Hel Seved er 9 Required information The following information applies to the questions displayed below) The following selected transactions apply to Topeco Supply for November and December Year 1. November was the first month of operations Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month 1. Cash sales for November Year 1 were $66,000 plus sales tax of 9 percent. 2. Topeca Supply paid the November sales tax to the state agency on December 10, Year 1 3. Cash sales for December Year 1 were $82,500 plus sales tax of 9 percent Required a. Record the effect of the given transactions in a horizontal statements model. In the Cash Flow column, use the initials "OA" for operating activities, "FA" for financing activities, and "IA" for Investing activity, Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require input.) Asas Evant Lian Sales Tax TOPIGA SUPPLY Horizontal statement Model Stockholders Equity Income Statement Common Retained Ravne Erings Expo Net Income Block 36.000 66,000 0 82.500 82,500 Statement of Cash Flow Cash T 2 3 Prev 1 2 3 5 of 11 H Next > PO DOD OOO A % 03 N # 3 4 5 6 & 7 00* 8 9 O W E R T Y U OP S n C Required information [The following information applies to the questions displayed below.) The following selected transactions apply to Topeca Supply for November and December Year 1. November was the first month of operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month 1. Cash sales for November Year 1 were $66,000 plus sales tax of 9 percent 2. Topeca Supply paid the November sales tax to the state agency on December 10, Year 1. 3. Cash sales for December Year 1 were $82,500 plus solos tax of 9 percent b. What was the total amount of sales tax paid in Year 1? sales taxpuld - Required information (The following information applies to the questions displayed below! The following selected transactions apply to Topeca Supply for November and December Year 1 November was the first month of operations, Sales taxis collected at the time of sale but is not paid to the state sales tax agency until the following month 1. Cash sales for November Year 1 were $66.000 plus sales tax of 9 percent 2. Topeca Supply paid the November sales tax to the state agency on December 10, Year 1 3. Cash sales for December Year 1 were $82,500 plus sales tax of 9 percent c. What was the total amount of sales tax collected in Year 1? 6 & 7 8 9 0 W E R T Y U O P S DF G H JK L B N. Required information (The following information applies to the questions displayed below) The following selected transactions apply to Topeca Supply for November and December Year 1 November was the first month of operations Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month 1. Cash sales for November Year I were $66,000 plus sales tax of 9 percent 2. Topeca Supoly paid the November sales tax to the state agency on December 10, Year 1, 3. Cosh sales for December Year 1 were $82,500 plus sales tax of 9 percent e. On which financial statement will the sales taxability appear? 80 888 > 20 N 3 % 5 > 9 4 O > 6 7 8 0 o W E R T Y U 0 S DF G H J L X 12

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