Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dextra Computing sells merchandise for $5,000 cash on September 30 (cost of merchandise is $3,000 ). Dextra collects 3% sales tax. Record the entry for

image text in transcribed
image text in transcribed
Dextra Computing sells merchandise for $5,000 cash on September 30 (cost of merchandise is $3,000 ). Dextra collects 3% sales tax. Record the entry for the $5,000 sale and its sales tax. Journal entry worksheet Record the cash sales and 3% sales tax. Wotei, Enter debits before credits Dextra Computing sells merchandise for $5,000 cash on September 30 (cost of merchandise is $3,000 ). Dextra collects 3% sales tax. Record the entry for the $5.000 sale and its sales tax. Journal entry worksheet

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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