Which of the following would be included in the journal entry to record the payment of sales taxes payable?
A) a debit to Sales Tax Payable
B) a credit to Sales Tax Expense
C) a debit to Sales Tax Expense
D) a credit to Sales Tax Payable
Correct Answer:
Verified
Q1: A $30,000, three-month, 7% note payable was
Q2: Notes payable are considered long-term debts, usually
Q3: A $40,000, four-month, 6.5% note payable was
Q5: Where does unearned revenue to be earned
Q6: Jade signs a $6,500, 8.5%, six-month note
Q8: Which of the following is a characteristic
Q9: If a long-term liability is paid in
Q10: Amounts owed for products or services purchased
Q10: Which of the following liabilities is created
Q11: Unearned revenues relating to a one-year service
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents