Question
Dextra Computing sells merchandise for $20,000 cash on September 30 (cost of merchandise is $12,000). Dextra collects 9% sales tax. Record the entry for
Dextra Computing sells merchandise for $20,000 cash on September 30 (cost of merchandise is $12,000). Dextra collects 9% sales tax. Record the entry for the $20,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sal to the government on October 15. View transaction list Journal entry worksheet 3 Record the cash sales and 9% sales tax. Note: Enter debits before credits Date General Journal Debit Credit Sep 30
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
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