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A Sold Merchandise for Cash subject to a sales tax accepting cash will be recorded with a A. credit to an asset account. B. debit to a liability account. C. debit to Capital. D. None of the above
A Sold Merchandise for Cash subject to a sales tax. Accepting cash will be recorded with none of the above.
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Asked 10/15/2018 6:14:25 PM
Updated 2/13/2020 1:56:14 PM
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A Sold Merchandise for Cash subject to a sales tax. Accepting cash will be recorded with none of the above.
Added 2/13/2020 1:56:14 PM
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Entries to customers accounts for sales are posted in the _______ subsidiary ledger. A. Accounts Receivable B. Accounts Payable C. Fixed Asset D. Cash
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Updated 4/28/2020 7:58:16 AM
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Entries to customers accounts for sales are posted in the Accounts Receivable subsidiary ledger.
Added 4/28/2020 7:58:16 AM
This answer has been confirmed as correct and helpful.
A Sold Merchandise for Cash subject to a sales tax accepting cash will be recorded with a A. credit to an asset account. B. debit to a liability account. C. debit to Capital. D. None of the above
Question
Updated 11 days ago|7/19/2021 10:03:34 PM
1 Answer/Comment
A Sold Merchandise for Cash subject to a sales tax. Accepting cash will be recorded with none of the above.
Added 11 days ago|7/19/2021 10:03:34 PM
This answer has been confirmed as correct and helpful.
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