Kay Sadia sold merchandise for $8,750 subject to a 6% sales tax.The entry in the sales journal will include a debit to Accounts Receivable for

Name: Kay Sadia sold merchandise for $8,750 subject to a 6% sales tax.The entry in the sales journal will include a debit to Accounts Receivable for
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

The total amount of merchandise sold, including the sales tax, is $8,750 + ($8,750 x 0.06) = $9,275. Therefore, the debit to Accounts Receivable will be for the full amount of $9,275.

Kay Sadia Sold Merchandise for $8,750 Subject to a 6