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tester [92]
3 years ago
7

uring December, Rainey Equipment made a $676,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 1.5

%. Prepare the appropriate journal entry
Business
1 answer:
ExtremeBDS [4]3 years ago
7 0

Answer:

Please refer to the below for the appropriate journal entry

Explanation:

Accounts receivable Dr $726,700

($676,000 + $50,700)

Sales revenue account Cr $676,000

Sale taxes payable account Cr $50,700

{(6% + 1.5%) × $676,000

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4 0
2 years ago
Understanding the _____ begins with analysis of market share.
Nana76 [90]
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3 years ago
how does the IoT and Big Data currently play into your job, your organization and the industry? Are these two things connected a
emmainna [20.7K]

<u>Explanation:</u>

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Answer:

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3 years ago
You're having trouble coping with stressful life events, so you begin seeing a therapist. The therapist does not focus on your c
Fofino [41]

Answer:

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