What are the following journal entries of the following? MISCELLANEOUS EXPENSES ( VAT INCLUSIVE ) Promotional expenses 25,145.28 Paid Site Tripping Expenses ( Non-Vatable) 6,892.00 12,419.00 Paid Office Supplies 4,274.47 Paid Travel and Transportation ( Non-Vatable) 2,590.00 3,412.50 1,784.45 Paid Postage and mailing 767.38 447.22 Paid Miccollapoous ( Non Vatable) 5 619 19 Daid

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 17MC: Sold goods for $650, credit terms net 30 days. Which journal would the company use to record this...
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What are the following journal entries of the following?
MISCELLANEOUS EXPENSES ( VAT INCLUSIVE )
Promotional expenses
25,145.28
Paid
Site Tripping Expenses ( Non-Vatable)
12,419.00
6,892.00
Paid
Office Supplies
4,274.47
Paid
Travel and Transportation ( Non-Vatable)
2,590.00
3,412.50
1,784.45
Paid
Postage and mailing
767.38
447.22
Paid
Miscellaneous ( Non-Vatable)
5,619.49
Paid
Bank Penalties ( Non-Vatable)
5,000.00
2,000.00
8,000.00
Paid;
(Auto Debit)
Penalties - Late Payment ( Non-Vatable)
1,000.00
PAID
Transcribed Image Text:What are the following journal entries of the following? MISCELLANEOUS EXPENSES ( VAT INCLUSIVE ) Promotional expenses 25,145.28 Paid Site Tripping Expenses ( Non-Vatable) 12,419.00 6,892.00 Paid Office Supplies 4,274.47 Paid Travel and Transportation ( Non-Vatable) 2,590.00 3,412.50 1,784.45 Paid Postage and mailing 767.38 447.22 Paid Miscellaneous ( Non-Vatable) 5,619.49 Paid Bank Penalties ( Non-Vatable) 5,000.00 2,000.00 8,000.00 Paid; (Auto Debit) Penalties - Late Payment ( Non-Vatable) 1,000.00 PAID
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