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A Company Receives $200,of Which $8 Is for Sales Tax

Question 153

Multiple Choice

A company receives $200,of which $8 is for sales tax and $12 is for excise tax.The journal entry to record the sale is:


A)
A company receives $200,of which $8 is for sales tax and $12 is for excise tax.The journal entry to record the sale is: A) B) C) D)
B)
A company receives $200,of which $8 is for sales tax and $12 is for excise tax.The journal entry to record the sale is: A) B) C) D)
C)
A company receives $200,of which $8 is for sales tax and $12 is for excise tax.The journal entry to record the sale is: A) B) C) D)
D)
A company receives $200,of which $8 is for sales tax and $12 is for excise tax.The journal entry to record the sale is: A) B) C) D)

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