The following transactions took place at Eddie's Sports Gear during the first week of October 2016. Indicate
Question:
DATE TRANSACTIONS
Oct. 1 Had cash sales of $6,600 plus sales tax of $528; there was a cash overage of $12.
2 Collected $890 on account from Jerry Lin, a credit customer.
3 Had cash sales of $5,500 plus sales tax of $440.
4 Eddie Reynolds, the owner, made an additional cash investment of $24,000.
6 Had cash sales of $7,400 plus sales tax of $592; there was a cash shortage of $20.
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Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
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