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The following transactions took place Five flags amusement park during May. Five flags amusement park must charge 8% sales tax on all sales. DATE 2019
The following transactions took place Five flags amusement park during May. Five flags amusement park must charge 8% sales tax on all sales.
DATE 2019 May 1 Sold merchandise on account to Bill Gomez; issued Sales Slip 1015 for $1, 700 plus 8 percent sales tax, terms n/30. 15 Recorded cash sales, $4, 200 plus 8 percent sales tax. 31 Received payment on account due from Bill Gomez for the sale on TRANSACTIONS May 1. View transaction list Journal entry worksheet Received payment on account due from Bill Gomez for the sale on May 1. Note: Enter debits before credits Date Debit Credit General Journal May 31, 2019
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