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Other Fields Homework Help Accounting Topic started by: tivo on Feb 21, 2017



Title: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The entry ...
Post by: tivo on Feb 21, 2017
Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The entry to record the sales would be to:
A) debit Accounts Receivable $16,500; debit Sales Tax Payable $1,320; credit Sales Revenue $17,820.
B) debit Accounts Receivable $17,820; credit Sales Revenue $16,500; credit Sales Tax Payable $1,320.
C) debit Accounts Receivable $16,500; credit Sales Revenue $16,500.
D) debit Accounts Receivable $17,820; credit Sales Revenue $17,820.


Title: Re: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The ...
Post by: largerthanlife on Feb 21, 2017
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Title: Re: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The entry ...
Post by: tivo on Apr 10, 2017
Amazing, that's all I can say


Title: Re: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The ...
Post by: Nicolas Fairchild on Apr 29, 2020
dope


Title: Re: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The ...
Post by: Will Harr on May 3, 2020
awesom


Title: Re: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The ...
Post by: sleuthy on May 30, 2020
Thank you!


Title: Re: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The ...
Post by: Kassandra C. on Jul 30, 2020
thank you


Title: Re: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The ...
Post by: m2d0 on Aug 1, 2020
thank you


Title: Re: Cypress Corp. had sales on account of $16,500 which were subject to state sales tax of 8%. The ...
Post by: Cherry Zha on Oct 8, 2020
ty