Question: Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not QS 9-2
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not QS 9-2 Accounting for sales taxes LO C2 Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax Record the entry for the $6.000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15. Answer is complete but not entirely correct. No Date General Journal Credit Debit 6,300 1 Sep 30 Cash Sales Sales taxes payable 6,000 300 * OOO 2 Sep 30 6,000 Cash Cost of goods sold 3,900 3 Oct 15 300 Sales taxes payable Cash 300 0
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