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Ed's Bookstore Has Collected $750 in Sales Taxes During April

Question 107

Multiple Choice

Ed's Bookstore has collected $750 in sales taxes during April.If sales taxes must be remitted to the government monthly, what entry will Ed's Bookstore make to show the April remittance?


A) Ed's Bookstore has collected $750 in sales taxes during April.If sales taxes must be remitted to the government monthly, what entry will Ed's Bookstore make to show the April remittance?  A)   B)   C)   D)  No entry required.
B) Ed's Bookstore has collected $750 in sales taxes during April.If sales taxes must be remitted to the government monthly, what entry will Ed's Bookstore make to show the April remittance?  A)   B)   C)   D)  No entry required.
C) Ed's Bookstore has collected $750 in sales taxes during April.If sales taxes must be remitted to the government monthly, what entry will Ed's Bookstore make to show the April remittance?  A)   B)   C)   D)  No entry required.
D) No entry required.

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