Eds bookstore has collected 750 in sales taxes during april

Reference no: EM13598082

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

Reference no: EM13598082

Questions Cloud

At the end of the year actual manufacturing over head costs : at the end of the year actual manufacturing over head costs were 120k and applied manufacturing overhead cost were

Carpenter company has used the installment method of : carpenter company has used the installment method of accounting since it began operations at the beginning of 2011.

At morris mart inc all sales are on account mary : at morris mart inc. all sales are on account. mary morris-manning is responsible for mailing invoices to customers

The balance in work in process inventory on february 1 was : the following costs were incurred in february 2010 by container corp. which produces customized steel storage

Eds bookstore has collected 750 in sales taxes during april : eds bookstore has collected 750 in sales taxes during april. if sales taxes must be remitted to the state government

If the company uses the percentage of sales basis to : the december 31 2007 balance sheet of quayle company had accounts receivable of 500000 and a credit balance in

Inventory at march 31 was budgeted at 2000 units sales for : portman inc. produces and sells a specialty product. the production department prepared the following second quarter

Bricker enterprises purchased a machine for 210000 on : bricker enterprises purchased a machine for 210000 on october 1 2012. the estimated service life is ten years with a

Marcella paid 20 for a music cd for which she later was : marcella paid 20 for a music cd for which she later was offered 25. after that someone offered her 30 for the cd. if

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages