Answer:
1. Dr Cash $10,900
Cr Sales $10,000
Cr Sales Taxes Payable $900
2. Dr Cost of Goods Sold $8,000
Cr Merchandise Inventory $8,000
3. Dr Sales Taxes Payable $900
Cr Cash $900
Explanation:
1. Preparation of the journal entry to record the cash sale and 9% sales tax
Dr Cash $10,900
($10,000+$900)
Cr Sales $10,000
Cr Sales Taxes Payable $900
($10,000*9%)
(To Record the cash sale and 9% sales tax)
2. Preparation of the Journal entry to record the cost of September 30th sales
Dr Cost of Goods Sold $8,000
Cr Merchandise Inventory $8,000
(To Record the cost of September 30th sales)
Preparation of the journal entry to show Dextra sending the sales tax on this sale to the government on October 15
Dr Sales Taxes Payable $900
Cr Cash $900
($10,000*9%)
(Being the sales tax on the sale to the government on October 15)
Answer:B.40.9%
Explanation:
If $675 spend on mortgage and his monthly income is $1650
So the percentage will be:
$675 / $1650 × 100
= 0.409 ×100
= 40.9%
Answer:
The correct answer is B. The three main parts of a speech are the introduction, the body, and the conclusion.
Explanation:
The speech is a succession of words, expressed orally, that serve to express what we want or want to say.
Its main function has been from its origins to communicate or expose, but with the main objective of persuading its audience.
The speech is composed of three parts: introduction, body and conclusion:
-The introduction is one of the most important parts of the discourse since in this it is exposed the subject that will be treated.
Its function is to mark that the speech begins, attract the attention of the receiver, dissipate animosities, gain sympathy, set the interest of the recipient and establish the theme, thesis or objective.
-The body is the longest part since the whole theme is exposed in it: doubts and everything necessary to expose a considered justification of the idea are taken out.
-The conclusion is a strategic point, since it makes a small reflection about all of the above. The end must constitute the compendium of what has been said.
Answer: a) Debit to Office Supplies for $81.
Explanation:
Office Supplies of $81 were used in the month of September. When replenishing the fund, this asset will be accounted for by being debited and cash will be credited to reflect the reason the cash account is being reduced.
The Journal entry for the replenishment will be;
DR Office supplies Account ......................................$81
DR Merchandise inventory Account ........................$153
DR Misc. expense Account........................................ $30
CR Cash account ......................................................................$264
