Answer:
Date General Ledger Dr. Cr.
1. September 30 Cash $6,300
Sales Tax Payable $300
Sales $6,000
2. September 30 Cost of Goods Sold $3,900
Merchandise Inventory $3,900
3. October 15 Sales Tax Payable $300
Cash $300
Explanation:
Sales Tax is subject to the price of merchandise. Sales tax is collected by the business on the taxable supplies on the behalf of government and paid to the government.
Sales tax amount = 6,000 x 5% = $300
Cost of Merchandise is recorded as cost of goods sold and deducted from the merchandise inventory.
Answer:
the answer is D
Explanation:
it is D because A and E are very wrong and brackrupcy is when you have no money left. C us wrong because there is nothing equal of having not money, B is talking about something else so the only one left is D.
1.long-term loans
2.short-term loans
3.lines of credit
4.alternative financing
<span>Revision therapy is the answer.</span>
Answer:
Explanation:
Micropolitical risk events are typically events that takes place which have effects on companies that are within a country and doesn't have effect on companies which are in foreign countries
An example was when Iraq was invaded by the United States. This resulted in a halt in international business within the countries.
There was a huge rise in gas price which affected individuals and firms as economic agents weren't prepared for the crisis. Other possible effects include:
• It can lead to dishonesty by the government officials.
• Barriers to economic development
• Forced sales of equity by companies.