Question

A cash register tape shows cash sales of $3180 and sales taxes of $210. The journal entry to record this information is

Answer 1

Debit cash $3,390

Credit sales revenue $210

Cales tax payable $3,180

Step-by-step explanation:

Preparation of the journal entry to record the information given.

Journal entry

Debit cash $3,390

($3,180+$210)

Credit sales revenue $210

Cales tax payable $3,180