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Q2 Not complete Marked out of 30.00 Pagin Excise and Sales Tax Calculations Barnes Company has just billed a customer for $1,010, an amount
Q2 Not complete Marked out of 30.00 Pagin Excise and Sales Tax Calculations Barnes Company has just billed a customer for $1,010, an amount that includes a eleven percent excise tax and a four percent state sales tax a. What amount of revenue is recorded? b. Prepare a general journal entry to record the transaction on the books of Barnes Company Round all answers to the nearest dollar. a Amount of recorded revenue s Date General journal Description Debit Credit D31 Exose Tax Payable Sales Tax Payable Check To recon sale account subject to excess Previous Save Answers eBook Print Next O
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