March Ltd had cash sales of $44,000 for the month of June. Sales are subject to 10% goods and services tax (GST). Prepare the entry to record the sale.

Name: March Ltd had cash sales of $44,000 for the month of June. Sales are subject to 10% goods and services tax (GST). Prepare the entry to record the sale.
Brand: Quizplus
Rating: 4.7 (53 reviews)

Question

Quizplus · Accepted Answer

The Answer of March Ltd had cash sales of $44,000 for the month of June. Sales are subject to 10% goods and services tax (GST). Prepare the entry to record the sale.

March Ltd Had Cash Sales of $44,000 for the Month