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BE10.4 (LO 1) Dillons AS made credit sales of 30,000 which are subject to 6% VAT. The company also made cash sales which totaled
BE10.4 (LO 1) Dillons AS made credit sales of 30,000 which are subject to 6% VAT. The company also made cash sales which totaled 20,670 including the 6% VAT. (a) Prepare the entry to record Dillons' credit sales. (b) Prepare the entry to record Dillons' cash sales.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher, Philip Olds, Frances McNair, Bor
4th edition
77862376, 978-0077862374
