Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Queron 10 Martin's Pharmacy shows cash sales of $2,500 and sales taxes of $150 for the day. The journal entry to record this information would

image text in transcribed
Queron 10 Martin's Pharmacy shows cash sales of $2,500 and sales taxes of $150 for the day. The journal entry to record this information would be: Not yet wered Point out of Select one: Cash 2.650 Hag question Sales Revenue 2,650 Ob Cash 2,650 Sales Taxes Payable 2,650 OC Cash 2,650 Sales Revenue Sales Taxes Payable 2,500 150 Od Cash Sales Taxes Expense 2.500 150 Sales Revenue 2,650

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

Environmental Health And Safety Audits

Authors: Lawrence B. Cahill, Raymond W. Kane

9th Edition

1605907081, 9781605907086

More Books

Students also viewed these Accounting questions