subject
Business, 02.12.2019 23:31 payshencec21

In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. (1) sunland company enters sales and sales taxes separately on its cash register. on april 10, the register totals are sales $26,000 and sales taxes $1,300. (2) crane company does not segregate sales and sales taxes. its register total for april 15 is $18,020, which includes a 6% sales tax. (a) prepare the entry to record the sales transactions and related taxes for sunland company. (credit account titles are automatically indented when amount is entered. do not indent manually.)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:40
Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?
Answers: 2
question
Business, 22.06.2019 22:20
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
Answers: 1
question
Business, 22.06.2019 23:30
Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?
Answers: 2
question
Business, 23.06.2019 02:30
Do you think it ethical and appropriate for marshall to have used himself as a test subject and swallowed a sample of helicobacter pylori? what precautions did he take? would you do it? why or why not?
Answers: 1
You know the right answer?
In performing accounting services for small businesses, you encounter the following situations perta...
Questions
question
Mathematics, 15.02.2021 07:40
question
Mathematics, 15.02.2021 07:40
question
Mathematics, 15.02.2021 07:40
Questions on the website: 13722361