Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mooda SUC You weleden aner Wheed Don 6 es Son Company pays a total of OMR 2.500 of sales tres payable to the government The

image text in transcribed
Mooda SUC You weleden aner Wheed Don 6 es Son Company pays a total of OMR 2.500 of sales tres payable to the government The sales were subject to 4% sales tax. What will be the payment journal entry Marted out 10 Tag ution Select one O Accounts Receivable Cr. Sales Sales Taxes Puyable 2.600 2.500 100 b Dr. Sales Taxes Expense Ce Sales 2.500 2.500 2.500 Dr. Sales Taxes Payable Cr. Sales 2.500 d Dr. Sales Taxes Payable Cr. Cash 2.500 2.500 Clear my choice A

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Understanding Financial Accounting A Guide For Non-specialists

Authors: Jimmy Winfield, Mark Graham, Taryn Miller

1st Edition

0198847270, 9780198847274

More Books

Students also viewed these Accounting questions

Question

Draw a schematic diagram of I.C. engines and name the parts.

Answered: 1 week ago

Question

Did you add the logo at correct size and proportion?

Answered: 1 week ago