Answer:
Date Account Title Debit Credit
Feb 13 Cash $10,975
Sales $10,000
Sales Tax Payable $975
(10000 * 9.75%)
I’m not understanding .. is there a picture ?
An unexpected result is examined a lot more closely, since it must disagree with some currently accepted theory to be accepted as unexpected. If something is expected, we generally don't question it, although this is sometimes a tragic mistake and may cost a lot more for a person.
Answer:
Net increase in Capital Assets with amount of USD 38,000/-
