TB TF Qu. 7-136 (Static) Sales tax is reported as revenue when... Sales tax is...
70.2K
Verified Solution
Link Copied!
Question
Accounting
TB TF Qu. 7-136 (Static) Sales tax is reported as revenue when... Sales tax is reported as revenue when it is collected, and reported as an expense when it is paid. True or False True False Help Save & Exit S
Sales tax is reported as revenue when it is collected, and reported as an expense when it is paid. True or False
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!
