Triton Publishing completed the following transactions during 2018. Journalize the transactions ( explanations are not required). Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from journal entries.) Oct 1: Sold a six-month subscription (starting on November 1), collecting the cash of $390, plus a sales tax of 4%. What is the single compound entry for this transaction.)
Triton Publishing completed the following transactions during 2018. Journalize the transactions ( explanations are not required). Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from journal entries.) Oct 1: Sold a six-month subscription (starting on November 1), collecting the cash of $390, plus a sales tax of 4%. What is the single compound entry for this transaction.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Triton Publishing completed the following transactions during 2018.
Journalize the transactions ( explanations are not required). Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from
Oct 1: Sold a six-month subscription (starting on November 1), collecting the cash of $390, plus a sales tax of 4%. What is the single compound entry for this transaction.)
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