Dextra Computing sells merchandise for $4,000 cash on September 30 (cost of merchandise is $2,800). Dextra collects 6% sales tax. Record the entry for the $4,000 sale and its sales tax. View transaction list Journal entry worksheet 1 Record the cash sales and 6% sales tax. Note: Enter debits before credits. Date September 30 Cash General Journal Sales Sales taxes payable Debit 4,240 Credit 4,000 240
Dextra Computing sells merchandise for $4,000 cash on September 30 (cost of merchandise is $2,800). Dextra collects 6% sales tax. Record the entry for the $4,000 sale and its sales tax. View transaction list Journal entry worksheet 1 Record the cash sales and 6% sales tax. Note: Enter debits before credits. Date September 30 Cash General Journal Sales Sales taxes payable Debit 4,240 Credit 4,000 240
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Solve part 2. Record the cost of September 30th sales
![View transaction list
Journal entry worksheet
Dextra Computing sells merchandise for $4,000 cash on September 30 (cost of merchandise is $2,800). Dextra collects 6% sales tax.
Record the entry for the $4,000 sale and its sales tax.
1
Record the cash sales and 6% sales tax.
Note: Enter debits before credits.
Date
September
30
H
Cash
General Journal
Sales
Sales taxes payable
Q Search
Saved
< Prev
Debit
4,240
6 of 10
Credit
4,000
240
Next >
Help
6
Save & Exit
CO](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F76c78a43-228d-485d-a6cf-d30956c84b3b%2F35984450-e9f0-47f0-89eb-3d589b4deee4%2F2ve40qi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:View transaction list
Journal entry worksheet
Dextra Computing sells merchandise for $4,000 cash on September 30 (cost of merchandise is $2,800). Dextra collects 6% sales tax.
Record the entry for the $4,000 sale and its sales tax.
1
Record the cash sales and 6% sales tax.
Note: Enter debits before credits.
Date
September
30
H
Cash
General Journal
Sales
Sales taxes payable
Q Search
Saved
< Prev
Debit
4,240
6 of 10
Credit
4,000
240
Next >
Help
6
Save & Exit
CO
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