Compute sales taxes payable, and make the entry to record, Accounting Basics

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Compute sales taxes payable, and make the entry to record

eister Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $15,540. All sales are subject to a 5% sales tax. Compute sales taxes payable, and make the entry to record sales taxes payable and sales.

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Accounting Basics: Compute sales taxes payable, and make the entry to record

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Accounting Basics: Compute sales taxes payable, and make the entry to record

Reference No:- TGS069954

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Create a project plan for a two-day training session

Q : The origins of martial arts and how to perform yoga

Q : What is the profit maximizing number of machines

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Q : Compute sales taxes payable, and make the entry to record

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Compute sales taxes payable, and make the entry to record

Reference No:- TGS069954

Recent Questions Asked Accounting Basics

Q : Create a project plan for a two-day training session

Q : The origins of martial arts and how to perform yoga

Q : What is the profit maximizing number of machines

Q : Gore''s or kerry''s defeat in 2000/2004 a result

Q : Compute sales taxes payable, and make the entry to record

Q : Calculate the equilibrium real interest rate for economy

Q : Taxable dividend and capital gain

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