Metropolitan Masonry Had Sales on Account of $7,700 Which Were

question 107

Multiple Choice

Metropolitan Masonry had sales on account of $7,700 which were subject to state sales tax of 10%. The entry to record the sales would be to:

• A)debit Accounts Receivable, $8,470; credit Sales revenue, $7,700; credit Sales tax payable, $770.
• B)debit Accounts Receivable, $8,470; credit Sale revenue, $8,470.
• C)debit Accounts Receivable, $7,700; credit Sales revenue, $7,700.
• D)debit Accounts Receivable, $7,700; debit Sales tax payable, $770; credit Sales revenue, $8,470.

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Definitions:

Work Habits

Regular practices or behaviors related to how one performs their job or tasks.

Mindset

A set of attitudes or dispositions that shapes one's perceptions and behaviors.

Self-confidence

The belief in one's own abilities and capacities to achieve goals or handle situations.

Community-based Interventions

Programs designed to address and solve issues within a specific community by involving local members and resources, focusing on preventive measures and social change.