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During the month of September, the following transactions occurred. The applicable sales tax rate is 6%. Enter the transactions in the general journal. Sept. 2 Sold merchandise on account to Sam Larson, , plus sales tax.
7 Sold merchandise on account to David Mitchell, , plus sales tax.
12 Issued credit memorandum to Sam Larson for , including sales tax of .
22 Sold merchandise on account to Matt Feustal, , plus sal es tax.
28 Sold merchandise on account to Ana Cardona, , plus sales tax.
Custom Duties
Taxes imposed on the import and export of goods between countries.
Procedural Due Process
Legal doctrine that requires the government to follow fair procedures before depriving a person of life, liberty, or property.
Entitlements
Benefits or rights granted by law, such as Social Security in the United States.
Social Security
A government program that provides financial assistance to people who are retired, disabled, or survivors of deceased workers.
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