Crane Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $23,000 and sales taxes $1,150. 2. Sunland Company does not segregate sales and sales taxes. Its register total for April 15 is $14,840, which includes a 6% sales tax. Prepare the entry to record the sales transactions and related taxes for Crane Company.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Crane Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $23,000 and sales ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
It is recommended that you create a budget for each (a) month (b) day (c) week (d) year
Answers (2)
Items used to produce other goods and services are called
Answers (1)
What is when an identity thief calls or emails you pretending to be someone else in order to get your personal information
Answers (1)
As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash $ 10,300 Accounts receivable 9,300 Supplies 6,300 Equipment 5,300 Accounts payable 11,600 Common stock 14,300 Retained earnings, Dec.
Answers (1)
Adjusting entries: Multiple Choice Adjust the balance of revenue and expense accounts to zero. Often include the Cash account. Usually are recorded at the beginning of the accounting period.
Answers (1)
New Questions in Business
The bond has a coupon rate of 6.83 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A clean price of $1,049 and the par value is $1,000. What is the invoice price
Answers (1)
Which of the following is the best example of a manager with a delegator leadership style?
Answers (1)
Put the Procurement to Payment process steps in order of occurence: 1. Vendor Payment 2. Create and send Purchase Order to vendor 3. Create purchase requisition 4. Vendor Selection 5. Shipment ot item ordered from vendor 6. Invoice receipt 7.
Answers (1)
Measuring the price of gasoline in dollars, an economist calculates the price elasticity of demand to be -.5. What would the price elasticity of demand be if the economist had chosen to measure the price of gasoline in pennies rather than dollars? A.
Answers (1)
If the consumption function is C = 100 + 0.75Y and planned investment spending is 500 , what will be the equilibrium level of output? Ye = $ nothing. (Enter your response as an integer.)
Answers (1)