Dextra computing sells merchandise for $17,000 cash on september 30 (cost of merchandise is $11,900). dextra collects 3% sales tax. record the entry for the $17,000 sale and its sales tax. also record the entry that shows dextra sending the sales tax on this sale to the government on october 15.
a. record the cash sales and 3% sales tax.
b. record the cost of sept. 30th sales.
c. record the entry that shows the remittance of the 3% tax on this sale to the state government on october 15.
d. show the calculations as well.

On june 1 of the current year, chad wilson established a business to manage rental property. he completed the following transactions during june: opened a business bank account with a deposit of $28,000 from personal funds. purchased office supplies on account, $2,690. received cash from fees earned for managing rental property, $7,390. paid rent on office and equipment for the month, $3,310. paid creditors on account, $1,230. billed customers for fees earned for managing rental property, $6,130. paid automobile expenses (including rental charges) for the month, $740, and miscellaneous expenses, $370. paid office salaries, $2,330. determined that the cost of supplies on hand was $1,590; therefore, the cost of supplies used was $1,100. withdrew cash for personal use, $2,210. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300) answer

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

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