Consider the following transactions of Pearl Software: Mar 31 Recorded cash sales of $180,000, plus sales tax
Question:
Mar 31 Recorded cash sales of $180,000, plus sales tax of 8% collected for the state of Texas.
Apr 6 Sent March sales tax to the state.
Requirement
1. Journalize the transactions for the company.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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