Alpha Company records all sales at the register with amounts that include 8% sales tax. During November 2016, total sales at the register were recorded as $706,320
Alpha Company records all sales at the register with amounts that include 8% sales tax. During November
2016, total sales at the register were recorded as $706,320. Use this information to determine what amount of sales tax liability that Alpha Company should record for an end of the month adjusting entry.