This topic contains a solution. Click here to go to the answer

Author Question: Granny's Greens had sales on account of $6,500 which were subject to state sales tax of 9.5%. The ... (Read 250 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
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.


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
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
Thanks for the timely response, appreciate it


emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library