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Brief Exercise 8-3 Bramble supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $8,400
Brief Exercise 8-3 Bramble supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $8,400 All sales are subject to a 5% sales tax. Compute sales taxes payable. Sales taxes payable Prepare ? tabu ar sur mary to record soles taxes payable and sacs. ( fa transact on causes a decrease n Assets, Liabilit es o particular Asset, Liability or Equity item that was reduced.) Stockholders' E ur Place a negative s gn or parenthe es infronto the amoun entered Or, the Assets Liabilities + Stockholders' Equity Retained Earnings Cash - Sales Taxes Payable + Common Stock + Revenue Expense Dividend Mar. 16 Sales revenue LINK TO TEXT Question Attempts: 0 of 10 used SAVE FOR LATER
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