Question: During November, Wireless, Inc., makes a $ 1 , 0 0 0 credit sale excluding sales tax. The state sales tax rate is 5 %
During November, Wireless, Inc., makes a $ credit sale excluding sales tax. The state sales tax rate is and the local sales tax rate is
Record sales revenue and sales tax payable. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to nearest dollar amount.
Journal entry worksheet
A
Record sales revenue and sales tax payable.
Note: Enter debits before credits.
tableTransactionGeneral Journal,Debit,Credit
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