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General Lighting During the First Quarter of 2012,the Company Sold

Question 105

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General Lighting During the first quarter of 2012,the company sold 4,000 batteries on credit for $150 each plus state sales tax of 6%.
-Refer to General Lighting.The price of each battery includes a $1.95 federal excise tax.Any taxes collected must be paid to the appropriate governmental units at the end of the quarter.Which of the following is the proper journal entry to record for the sale of the batteries?


A)
General Lighting During the first quarter of 2012,the company sold 4,000 batteries on credit for $150 each plus state sales tax of 6%. -Refer to General Lighting.The price of each battery includes a $1.95 federal excise tax.Any taxes collected must be paid to the appropriate governmental units at the end of the quarter.Which of the following is the proper journal entry to record for the sale of the batteries? A) B) C) D)
B)
General Lighting During the first quarter of 2012,the company sold 4,000 batteries on credit for $150 each plus state sales tax of 6%. -Refer to General Lighting.The price of each battery includes a $1.95 federal excise tax.Any taxes collected must be paid to the appropriate governmental units at the end of the quarter.Which of the following is the proper journal entry to record for the sale of the batteries? A) B) C) D)
C)
General Lighting During the first quarter of 2012,the company sold 4,000 batteries on credit for $150 each plus state sales tax of 6%. -Refer to General Lighting.The price of each battery includes a $1.95 federal excise tax.Any taxes collected must be paid to the appropriate governmental units at the end of the quarter.Which of the following is the proper journal entry to record for the sale of the batteries? A) B) C) D)
D)
General Lighting During the first quarter of 2012,the company sold 4,000 batteries on credit for $150 each plus state sales tax of 6%. -Refer to General Lighting.The price of each battery includes a $1.95 federal excise tax.Any taxes collected must be paid to the appropriate governmental units at the end of the quarter.Which of the following is the proper journal entry to record for the sale of the batteries? A) B) C) D)

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