The balances of certain accounts of Camille Corporation on April 30, 20X1, were as follows: Sales $

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The balances of certain accounts of Camille Corporation on April 30, 20X1, were as follows:

Sales $ 330,000
Sales Returns and Allowances 4,500

The firm’s net sales are subject to an 8 percent sales tax. Prepare the general journal entry to record payment of the sales tax payable on April 30, 20X1.

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College Accounting Chapters 1-30

ISBN: 9781260247909

16th Edition

Authors: David Haddock, John Price, Michael Farina

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The balances of certain accounts of Camille Corporation on April 30, 20X1, were as follows: Sales $

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College Accounting Chapters 1-30

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