The state of Iowa has a 5% sales tax. Hawkeye Services Inc., an Iowa company, had two
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The state of Iowa has a 5% sales tax. Hawkeye Services Inc., an Iowa company, had two revenue transactions as follows:
May 8. Issued Invoice No. 112 to Howerton Inc. for services provided on account, $4,200, plus sales tax.
20. Issued Invoice No. 113 to Tel Optics Inc. for services provided on account, $5,780, plus sales tax.
Record these transactions in a revenue journal using the followingformat:
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REVENUE JOURNAL Date Invoice No Account ...View the full answer
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Related Book For 
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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