Question: Answer fully and correctly for a thumbs up! :) During November, Wireless, Inc., makes a $2,100 credit sale excluding sales tax. The state sales tax

Answer fully and correctly for a thumbs up! :)

During November, Wireless, Inc., makes a $2,100 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate is 1.50%. Record sales revenue and sales tax payable. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to nearest dollar amount.) View transaction list Journal entry worksheet A Record sales revenue and sales tax payable. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Answer fully and correctly for a thumbs up! :) During November, Wireless, Inc., makes a $2,100 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate is 1.50%....

2. During November, Wireless, Inc. makes a $1,600 credit sale. The state sales tax rate is 5% and the local sales tax rate is 1.5%. Record sales revenue and sales tax payable

1a. The following selected transactions relate to liabilities of Food Emporium whose fiscal year ends on December 31. January 26 Negotiated a line of credit with City Bank that can be renewed...

During November, Wireless, Inc., makes a $1,700 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate is 1.50%. Record sales revenue and sales tax payable. (If...

During November, Wireless, Inc., makes a $2,300 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate is 1.50% Record sales revenue and sales tax payable. (If...

During November, Wireless, Inc. makes a $2,700 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate is 1.50%. Record sales revenue and sales tax payable. (If...

During November, Wireless, Inc., makes a $2,600 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate is 1.50%. Record sales revenue and sales tax payable. (If...

During November, Wireless, Inc., makes a $1,800 credit sale excluding sales tax. The state sales tax rate is 5 % and the local sales tax rate is 1.50 % Record sales revenue and sales tax payable. (If...

During November, Wireless, Inc, makes a $1,000 credit sale excluding sales tax The state sales tax rate is 5% and the local sales tax rate is 1.50% Record sales revenue and sales tax payable. (If no...

28 oints 1.50 points During November, Wireless, Inc. makes a $2,300 credit sale excluding sales tax. The state sales tax rate is 5% and the local sales tax rate is 1.50%. Record sales revenue and...

Which of the following are completed gifts, and what is the value of each gift (before any exclusions)? a. In March, Stephanie deposits $30,000 cash into a joint checking account for herself and her...

The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Bonds payable, 8% (issued in 2004, due in 2024) ... $5,000,000 Preferred $4 stock, $50 par...............

1 5 1 pset 2 : Problem 8 ( 1 point ) thin the formula for g in terms of f ( an )

In what pricing strategy customers are asked how much they would pay for the product? b . loss - leader pricing a . skimming c . customer - led pricing d . competition - led pricing

In your opinion, which myth about human relations holds back the development of human relations skills more than any of the others?

Of the three ways to handle human relations problems, which ones are the easiest and hardest for you?

Which persons contribution to the history of human relations do you find to be the most impressive?