belendla4356 belendla4356
  • 02-07-2018
  • Mathematics
contestada

Kay Sadia sold merchandise for $15,200 subject to a 7% sales tax. The entry in the sales journal will include a credit to Sales for

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fairclothchase fairclothchase
  • 02-07-2018
just divided the 15200 by 7% and u get $1064
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chisnau chisnau
  • 15-06-2019

Answer:

$15,200.00

Step-by-step explanation:

Assuming that the sales is made on credit and not cash.

Kay Sadia sold merchandise for $15,200 subject to a 7% sales tax. The entry in the sales journal will include a credit to Sales for = $15,200.00

A sales journal is used to record the overall company sales on credit. Most of these sales are made up merchandise sales. Only credit sales of inventory and merchandise items are recorded in the sales journal.

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