Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. during december, global crossing made a $682,000 c

During December, Global Crossing made a $682,000 credit sale. The state sales tax rate is...

80.2K

Verified Solution

Question

Accounting

image
During December, Global Crossing made a $682,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 1.5% Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Take a stick of unit length and break it into three pieces, choosing the break point...

Physics
1.2K views

A 92.0-N uniform, horizontal board 14.0 m long rests on two supports, each 1.00 m from...

Physics
1.2K views

A copper block is removed from a 299

Biology
1.2K views

Which of the following is an advantage of sexual reproduction over asexual reproduction OA The...

Physics
1.2K views

A satellite revolves in an equatorial plane in west to east direction around the earth...

Geometry
1.2K views

Evaluate the given trigonometric function directly without first changing the radian measure to degree measur...

Basic Math
1.2K views

6 Graph of y f x is shown Find a precise estimate for the values...

Basic Math
1.2K views

Listed below are the top 10 annual salaries (in millions of dollars) of TV personalities....

Algebra
1.2K views

find the value of the annuity at the end of the indicated number of years....

Accounting
1.2K views

The Finishing Department of Berle Industries works on only one product, and all costs are...

Accounting
1.2K views

Which is not an example of a non-audit service? Sales and trading Consulting Tax preparation...

Finance
1.2K views

A company's stock currently sells for $120 per share. The company announced a 12% stock...