Question
Problem 3. Journalize the entries to record the following selected transactions. Date column is omitted in journal provided. There are extra lines in journal. (a)
Problem 3.
Journalize the entries to record the following selected transactions. Date column is omitted in journal provided. There are extra lines in journal.
| (a) | Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the merchandise sold was $510. |
| (b) | Paid $436 to the state sales tax department for taxes collected.
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Debit Credit
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Accounting Custom Edition For National American University
Authors: Charles T. Horngren, Walter T. Harrison Jr, M. Suzanne Oliver
9th Edition
1256297585, 978-1256297581
