Question
Smart Touch Learning sells a $300 tablet for cash with an 8% sales tax rate. When recording the journal entry for this sale, Smart Touch
Smart Touch Learning sells a $300 tablet for cash with an 8% sales tax rate. When recording the journal entry for this sale, Smart Touch Learning will
A. Credit Sales Tax Payable for 24
B. Credit sales for 324
C. Debit Accounts Receivable for 300
d. Debit Sales Tax Payable for 48
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Auditing And Assurance Services
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
8th International Edition
1260570517, 978-1260570519
