Question
During November, Wireless, Inc., makes a $2,600 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate
During November, Wireless, Inc., makes a $2,600 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.) View transaction list Journal entry worksheet K A Record sales revenue and sales tax payable. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
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