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 243 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
Gracias!


mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library