Question

Unlimited materials sold goods for $2,000 plus 6% sales tax to a charge customer, terms n/30. which entry is required to record this transaction?

a. debit accounts receivable $2,120; credit sales tax payable $120; credit sales $2,000
b. debit cash $2,000; credit sales $2,000
c. debit accounts receivable $2,000; credit sales $2,000
d. debit accounts receivable $2,120; credit sales $2,120

Answer 1

you are always gonna have tax and everything so your answer is d