Dextra Computing sells merchandise for $16,000 cash on September 30 (cost of merchandise is $11,200). Dextra collects 10% sales tax. Record the entry for the $16,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15.

See explanation section.

Explanation:

September 30, Cash Debit        = 17,600

Sales                           Credit       = 16,000

Sales taxes payable   Credit       = 1,600

Calculation: Sales taxes payable = 16,000 × 10% = 1,600

To record the sales by cash with a sales tax.

September 30, Cost of goods sold      Debit  = 11,200

Merchandise inventory                         Credit = 11,200

As the company uses perpetual inventory system, therefore,the company gave cost of goods sold journal.

October 15, Sales taxes payable          Debit  = 1,600

Cash                                                        Credit = 1,600

To record the cash payment of sales tax to government.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; be sure that the information on file is correct;