Question
On December 22, the combined cash register receipts for Lokie Locker were $5446. There is a 5% sales tax. Show the journal entry to record
On December 22, the combined cash register receipts for Lokie Locker were $5446. There is a 5% sales tax. Show the journal entry to record the receipts, and the separation of sales revenue from sales taxes.
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Financial & Managerial Accounting For Undergraduates
Authors: Jason Wallace, James Nelson, Karen Christensen, Theodore Hobson, Scott L. Matthews
2nd Edition
161853310X, 9781618533104
