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The cash register tape indicates cash sales are $2,000 and sales taxes are $155. What journal entry is needed to record this information? Cash 2,000
The cash register tape indicates cash sales are $2,000 and sales taxes are $155. What journal entry is needed to record this information?
| Cash | 2,000 | ||||
| Sales Tax Expense | 155 | ||||
| Sales | 1,155 | ||||
| Cash | 2,000 | ||||
| Sales | 2,000 | ||||
| Cash | 2,155 | ||||
| Sales | 2,000 | ||||
| Sales Taxes Payable | 155 | ||||
| Cash | 2,155 | ||||
| Sales | 2,155 | ||||
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Management Accounting For Financial Decisions
Authors: Keith Ward ,Sri Srikanthan ,Richard Neal
1st Edition
0750600675, 978-0750600675
