Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 10, 2024

Coghlan Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is exist16, 380. All

Coghlan Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is exist16, 380. All sales are subject to a 5% sales tax. Compute sales taxes payable, and make the entry to record sales taxes payable and sales revenue

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

=+7.10. For a given policy, let A* be the fortune of the gambler's adversary at time n. Consider these conditions on the policy: (i) W .* F+_ Fn -1; (ii) W .* A" _,; (iii)

Answered: 1 week ago

Question

★★★★★

Ryan Murphy, nephew of the author, swims for the University of California at Berkeley. Ryan's best time in the 100-meter backstroke is 45.3 seconds. The mean of all NCAA swimmers in this event is...

Answered: 1 week ago

Question

★★★★★

According to your budget, you will be able to save the following amounts of cash at the end of the next 4 quarters; Quarter 1: $20,000 Quarter 2: $5,000 Quarter 3: $30,000 Quarter 4: $50,000 If you...

Answered: 1 week ago

Question

★★★★★

i need # 73 Often graphing a function of the form y = A sin x + B cos x is easier by using its reduction formula y = k sin (x + a). For Exercises 67-1 70, a. Use the reduction formula to write the...

Answered: 1 week ago

Question

★★★★★

its in-coming taxi Sh. H. Mukherjee constructed a building on 30th June, 2011. It had two flats of equal dimensions. One flat was let out to a tenant for residential purpose on a monthly rent of Rs...

Answered: 1 week ago

Question

★★★★★

Which of the following constitute barriers to training evaluation? a. Too much trainer expertise and lack of stakeholder interest or accountability. b. Ability to access key stakeholders and...

Answered: 1 week ago

Question

★★★★★

Find and post an article, video, or interview on why Compliance is important in an organization. Explain why you selected the particular document or materials.

Answered: 1 week ago

Question

★★★★★

What was the positive value of Max Weber's model of "bureaucracy?"

Answered: 1 week ago

Question

★★★★★

NHIKNHAK Enterprises has determined the cost of manufacturing a unit of product as follows, based on normal production of 60,0000 units per year: Direct materials Direct labor Variable factory...

Answered: 1 week ago

Previous Question Next Question