Question: Dextra Computing sells merchandise for $7,000 cash on September 30 (cost of merchandise is $4.900). Dextra collects 5% sales tax. Record the entry for the

 Dextra Computing sells merchandise for $7,000 cash on September 30 (cost

Dextra Computing sells merchandise for $7,000 cash on September 30 (cost of merchandise is $4.900). Dextra collects 5% sales tax. Record the entry for the $7,000 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. View transaction list Journal entry worksheet 3 1 2 Record the cash sales and 5% sales tax. Noter Enter debits before credits General Journal Debit Credit Date September 30 Dennery Clear entry View general Journal

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