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Com/in/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Merchandise is sold for cash. The selling price of the merchandise is $2,100 and the sale is subject to a 8% state sales tax.
Com/in/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Merchandise is sold for cash. The selling price of the merchandise is $2,100 and the sale is subject to a 8% state sales tax. The journal entry to record the sale would include a credit to Oa. Sales Tax Payable for $168 Ob. Cash for $2,100 Ocal for $2.268 Od. Sales for $1,932
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