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During November, Wireless, Inc., makes a $1,300 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate
During November, Wireless, Inc., makes a $1,300 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate is 1.50%. Record sales revenue and sales tax payable. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to nearest dollar amount.)
Record sales revenue and sales tax payable in a journal entry
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