[tangcashowluo]

Thank you so much

[tangcashowluo]

Could you please help me with accounting entries for this question.

How company DR/CR when they issue invoice with sale tax of 294? (I mean how they disclose a sale tax of 294 on the book?)

And if customer does not pay within the settlement discount period, which DR/CR entries will be recorded? (As now sale tax is understated, so I guest we have to make adjustment entries)

[tangcashowluo]

Could you please help me with accounting entries for this question.

How company DR/CR when they issue invoice with sale tax of 294?

And if customer does not pay within the settlement discount period, which DR/CR entries will be recorded? (As now sale tax is understated, so I guest we have to make adjustment entries)

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