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Author Question: What is the correct entry to record sales tax collected? a. Sales Tax Expense DR b. Sales Tax ... (Read 157 times)

chads108

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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.


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s.meritte

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Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

A


chads108

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Reply #2 on: Jul 6, 2018
Thank you


s.meritte

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Reply #3 on: Jul 6, 2018
No problemo


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