During December, Far Eas Services makes a credit sale of $2,200 (before sales taxes). The state sales tax rate is 6% and the sales tax rate is 2.5%. Record sales and sales tax payable. (If no entry is required for a particular transaction/event, select "No Journal Entry Requ the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 1 Accounts Receivable 2,387 Sales Revenue Sales Tax Payable
During December, Far Eas Services makes a credit sale of $2,200 (before sales taxes). The state sales tax rate is 6% and the sales tax rate is 2.5%. Record sales and sales tax payable. (If no entry is required for a particular transaction/event, select "No Journal Entry Requ the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 1 Accounts Receivable 2,387 Sales Revenue Sales Tax Payable
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 17MC: Sold goods for $650, credit terms net 30 days. Which journal would the company use to record this...
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![During December, Far Eas Services makes a credit sale of $2,200 (before sales taxes). The state sales tax rate is 6% and the local
sales tax rate is 2.5%.
Record sales and sales tax payable. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in
the first account field.)
View transaction list
View journal entry worksheet
No
Transaction
General Journal
Debit
Credit
1
1
Accounts Receivable
2,387
Sales Revenue
Sales Tax Payable](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4731986c-bd7f-49bd-919f-bed0fb2626e4%2F51643ef0-5332-4685-bf41-1fca7aa89aa4%2Fsq6exrp_processed.png&w=3840&q=75)
Transcribed Image Text:During December, Far Eas Services makes a credit sale of $2,200 (before sales taxes). The state sales tax rate is 6% and the local
sales tax rate is 2.5%.
Record sales and sales tax payable. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in
the first account field.)
View transaction list
View journal entry worksheet
No
Transaction
General Journal
Debit
Credit
1
1
Accounts Receivable
2,387
Sales Revenue
Sales Tax Payable
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