During December, Rainey Equipment made a $600,000 credit sale. The state sales tax rate is 6% and the local sales tax ra
Posted: Mon May 30, 2022 6:26 am
During December, Rainey Equipment made a $600,000 credit sale.
The state sales tax rate is 6% and the local sales tax rate is
1.5%.
Prepare the appropriate journal entry. (If no entry is
required for a transaction/event, select "No journal entry
required" in the first account field.)
The state sales tax rate is 6% and the local sales tax rate is
1.5%.
Prepare the appropriate journal entry. (If no entry is
required for a transaction/event, select "No journal entry
required" in the first account field.)