Question #127393
Dr Inventory 300
Cr Cost of sales 300
Dr Cost sales 250
Cr Retained earnings 250⅞
Dr Tax expense (50 x 30%) 15
Dr Retained earnings (250 x 30%) 75
Cr Tax liability (300 x 30%) 90
.........
How do I give narrations to the above journal entries? Ias8
Cr Cost of sales 300
Dr Cost sales 250
Cr Retained earnings 250⅞
Dr Tax expense (50 x 30%) 15
Dr Retained earnings (250 x 30%) 75
Cr Tax liability (300 x 30%) 90
.........
How do I give narrations to the above journal entries? Ias8
Expert's answer
The answer to your question is provided in the image:
Learn more about our help with Assignments: Accounting
Finding a professional expert in "partial differential equations" in the advanced level is difficult.
You can find this expert in "Assignmentexpert.com" with confidence.
Exceptional experts! I appreciate your help. God bless you!
#340153 on Dec 2023
#340153 on Dec 2023
Comments