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Dextra Computing sells merchandise for $4,000 cash on September 30 (cost of merchandise is $2,800...

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Accounting

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Dextra Computing sells merchandise for $4,000 cash on September 30 (cost of merchandise is $2,800 ). Dextra collects 6% sales tax. Record the entry for the $4,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15 . Journal entry worksheet Compute cash flows from financing activities using the above company information. Note: Amounts to be deducted should be indicated by a minus sign

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