Which of the following would be included in the journal entry to record the payment of sales tax payable?
A) a debit to Sales Tax Payable
B) a credit to Sales Tax Expense
C) a debit to Sales Tax Expense
D) a credit to Sales Tax Payable
A
Business
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On March 21, 2017, the bond accounts of Urban Sales showed the following balances
Urban Sales retires the bonds for $66,150. Prepare the journal entry to record the retirement of the bonds. What will be an ideal response
Business
Donner United has total owners' equity of $18,800. The firm has current assets of $23,100, current liabilities of $12,200, and total assets of $36,400. What is the value of the long-term debt?
a. 5,400 b. 12,500 c. 13,700 d. 29,800 e. 43,000
Business