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

Author Question: Granny's Greens had sales on account of $6,500 which were subject to state sales tax of 9.5%. The ... (Read 213 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
on: Feb 18, 2020
Granny's Greens had sales on account of $6,500 which were subject to state sales tax of 9.5%. The entry to record the sales would be to: (Round your final answer to the nearest dollar.)
◦ debit Accounts Receivable $6,500; debit Sales Tax Payable $617.50; credit Sales Revenue $7,117.50.
◦ debit Accounts Receivable $7,117.50; credit Sales Revenue $6,500; credit Sales Tax Payable $617.50.
◦ debit Accounts Receivable $7,117.50; credit Sales Revenue $7,117.50.
◦ debit Accounts Receivable $6,500; credit Sales Revenue $6,500.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CORALGRILL2014 on Feb 18, 2020

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


CORALGRILL2014

  • Member
  • Posts: 525
Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Using outgroups to infer the ancestral state Using outgroups to infer the ancestral state
Cirrhosis. Cirrhosis is characterized by a chronic deterioration of the liver, replacing healthy cel Cirrhosis. Cirrhosis is characterized by a chronic deterioration of the liver, replacing healthy cel
National Guardsmen firing into a crowd of antiwar protesters at Kent State University killed four ... National Guardsmen firing into a crowd of antiwar protesters at Kent State University killed four ...
State the amplitude, period, equation of the axis, and maximum and minimum value State the amplitude, period, equation of the axis, and maximum and minimum value
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Video: Alzheimer's Disease

For a complete list of videos, visit our video library