Cash register tape shows cash sales of $3,000 and sales taxes
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A cash register tape shows cash sales of $3,000 and sales taxes of $150. The journal entry to record this information is..... I am not majoring in accounting and have never taken accounting classes so I am really not sure about how to do all of this accounting entries.....can you help?
(a) cash 3,000
sales 3,000
(b) cash 3,150
sales revenue 150
sales 3,000
(c)cash 3,000
sales tax expense 150
sales 3,150
(d)cash 3,150
sales 3,000
sales taxes payable 150
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Solution Summary
The expert examines a cash register and how shows tap to the cash sales.
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