Ecuyer Company sells merchandise on account for $2,500 (cost of $1,500) to Regenelli Company. The sale is subject to a 6% sales tax. What entries does Ecuyer Company make to record the sale?

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The Answer of Ecuyer Company sells merchandise on account for $2,500 (cost of $1,500) to Regenelli Company. The sale is subject to a 6% sales tax. What entries does Ecuyer Company make to record the sale?

Ecuyer Company Sells Merchandise on Account for $2,500 (Cost of $1,500)