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The total receipts from a sale made by VWX Inc. were $52,576. These receipts included a 6% sales tax. The journal entry prepared by VWX
The total receipts from a sale made by VWX Inc. were $52,576. These receipts included a 6% sales tax. The journal entry prepared by VWX Inc. to record this sale would include a: 1) credit to sales for $52,576 2) credit to sales tax payable for $3.154.56 3) credit to sales for $55,730.56 4) credit to sales tax payable for $2,976
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