Question
Greenspan Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $15,370. All sales are
Greenspan Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $15,370. All sales are subject to a6% sales tax.
Compute sales taxes payable.
Sales taxes payable
$
Make the entry to record sales taxes payable and sales.
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
