Cobb Baseball Bats sold 150 bats for $50 each, plus an additional sales tax of 7 percent.

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Provide the journal entry to record the sale.

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-0324787351

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Authors: Rich Jones, Mowen, Hansen, Heitger

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Question Posted: Jul 23, 2012 03:19 AM

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Cobb Baseball Bats sold 45 bats for $50 each, plus an additional state sales tax of 6%. The customer paid cash. Required: Prepare the journal entry to record the sale.
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Cobb Baseball Bats sold 150 bats for $50 each, plus an additional sales tax of 7 percent.

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Cornerstones of Financial and Managerial Accounting

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