This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the correct entry to record sales tax collected? a. Sales Tax Expense DR b. Sales Tax ... (Read 151 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
on: Jul 6, 2018
What is the correct entry to record sales tax collected?
 a. Sales Tax Expense DR
   b. Sales Tax Expense CR
   c. Sales Tax Payable DR
   d. Sales Tax Payable CR

Question 2

The operations of a municipality's recreation facilities and sites such as ball fields, gymnasiums, and tracks are most likely to be accounted for in a
 
  a. General Fund.
  b. Enterprise Fund.
  c. Capital Projects Fund.
  d. Internal Service Fund.
  e. Permanent Fund.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

s.meritte

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

A


chads108

  • Hero Member
  • *****
  • Posts: 507
Reply #2 on: Jul 6, 2018
Thank you


s.meritte

  • Sr. Member
  • ****
  • Posts: 306
Reply #3 on: Jul 6, 2018
No problemo


« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

The correct statement about hormones-insulin and glucagon The correct statement about hormones-insulin and glucagon
Entry level nurse competencies Entry level nurse competencies
Correct use a fire extinguisher Correct use a fire extinguisher
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Harlem’s Promise Academy has a record of graduating and sending to college more than 90 percent ... Harlem’s Promise Academy has a record of graduating and sending to college more than 90 percent ...
Maple syrup is produced by evaporating most of the water from sap collected from maple trees in Maple syrup is produced by evaporating most of the water from sap collected from maple trees in
Video: Endocytosis -Types and Phagocytosis

For a complete list of videos, visit our video library