Question

Brief Exercise 10-3 Greenspan Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $13,375. All sales are subject to a 7% sales tax Compute sales taxes payable. Sales taxes payable Make the entry to record sales taxes payable and sales. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 16 Open Show Work Click if you would like to Show Work for this question:

Answer 1

dat $x be Hae quaount of 90s4 Sales given and Saly tan perceat fA 77 Then $13375 7X /OD 13375 1070 keeb Chag ging Hit Jike 13375 7 100 l85 13375 xlo0 Thanky f 2,500 Sales $12, 500 and Sales tau pay.able $875 l2500 x 7% 1230ox7 17 Debit Creolit AlC Titles and Explanabon Date SUNDAY 05 13,375 Caslh Har 16 Sales tax payable 875 ...... m 12,500 Sales