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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 30, 2016



Title: Sales revenue for a sporting goods store amounted to $526,000 for the current period. All sales are ...
Post by: H3Ko on Aug 30, 2016
Sales revenue for a sporting goods store amounted to $526,000 for the current period. All sales are on account and are subject to a sales tax of 10%. Which of the following would be included in the journal entry to record the sales transaction?
A) a debit to Sales Revenue for $526,000
B) a debit to Sales Tax Payable for $52,600
C) a debit to Accounts Receivable for $578,600
D) a credit to Accounts Receivable for $526,000


Title: Re: Sales revenue for a sporting goods store amounted to $526,000 for the current period. All sales ...
Post by: .unplugged. on Aug 30, 2016
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Title: Re: Sales revenue for a sporting goods store amounted to $526,000 for the current period. All sales are ...
Post by: H3Ko on Oct 12, 2016
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right


Title: Re: Sales revenue for a sporting goods store amounted to $526,000 for the current period. All sales ...
Post by: Valeria Gonzalez on Apr 8, 2020
I appreciate the help.


Title: Re: Sales revenue for a sporting goods store amounted to $526,000 for the current period. All sales ...
Post by: Brandon Lopez on May 11, 2020
Thanx


Title: Re: Sales revenue for a sporting goods store amounted to $526,000 for the current period. All sales ...
Post by: Jeid123 on Jan 14, 2021
thanks