Question: Dextra Computing sells merchandise for $ 4 , 0 0 0 cash on September 3 0 ( cost of merchandise is $ 2 , 4

Dextra Computing sells merchandise for $4,000 cash on September 30(cost of merchandise is $2,400). Dextra collects 8% sales tax.
Record the entry for the $4,000 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.
Journal entry worksheet
1
2
3
Note: Enter debits before credits.
Dextra Computing sells merchandise for $4,000 cash on September 30(cost of

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!

Q:

ASSIGNMENT #1 2 Required information Part 1 of 3 Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] 2 BMX Company...

Q:

2 Required information Part 1 of 3 Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] 2 BMX Company has one...

Q:

can someone help with this step by step Dextra Computing sells merchandise for $4,000 cash on September 30 (cost of merchandise is $2.800 ) Dextra collects 6% saies lik. Record the entry for the...

Q:

2 Required information Part 1 of 3 Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] 2 BMX Company has one...

Q:

Dextra Computing sells merchandise for $15,000 cash on September 30 (cost of merchandise is $9,000). Dextra collects 4% sales tax Record the entry for the $15,000 sale and its sales tax. Also record...

Q:

Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may select more than one answer. Single click the box with the...

Q:

Laulima : ACC-201-0 [LEE.55017.5 x McGraw-Hill Education Campus X 5 Question 1 - Ch 11 Set 1 Homew X 9 New Tab X + V X > C A...

Q:

Dextra Computing sells merchandise for $4.000 cash on September 30 (cost of merchandise is $2,800). Dextra collects 6% sales tax. Record the entry for the $4,000 sale and its sales tax. Also record...

Q:

OS 9-3 (Algo) Accounting for sales taxes LO C2 Dextra Computing sells merchandise for $4,000 cash on September 30 (cost of merchandise is $2,800). Dextra collects 6% sales tax. Record the entry for...

Q:

Please I need help with questions 1 to 3. Can I also have a step-by-step explanation for each questions, please. Thank you very much. Dextra Computing sells merchandise for $6,000 cash on September...

Q:

In a USA Today survey, 20.8% of 144 respondents said that they aspired to have their bosss job. Construct a 95% confidence interval estimate of the percentage of all workers who aspire to have their...

Q:

The following selected accounts and amounts (in thousands) were taken from the February 2, 2019, financial statements of Reitmans (Canada) Limited. Administrative expenses Cost of goods sold...

Q:

8 Copy and complete these equivalent inequalities. a x> 4 is equivalent to 2x> C y 1 is equivalent to y+9>[ x

Q:

give the answer without explaination The value of the audit report and the demand for audit services depends on: Question 1 Not yet answered Marked out of 1.00 P Flag question Select one: a. Public...