Question
Cullumber Company billed its customers a total of $909,500 for the month of November. The total includes a 7% state sales tax. Determine the proper
Cullumber Company billed its customers a total of $909,500 for the month of November. The total includes a 7% state sales tax.
Determine the proper amount of revenue to report for the month.
Total sales revenue | $enter total sales revenue in dollars |
eTextbook and Media
List of Accounts
Prepare the general journal entry to record the revenue and related liabilities for the month. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Journal | Debit | Credit |
---|---|---|
enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount |
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