Make journal entries to record the following transactions. Explanations are not required. Aug 31 Recorded cash sales
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Make journal entries to record the following transactions. Explanations are not required.
Aug 31 Recorded cash sales of $770,000 for the month, plus sales tax of 7% collected for the Province of Alberta.
Sep 6 Sent August sales tax to the CRA.
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Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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