Becky Sherrick Company has total proceeds from sales of $4,515. If the proceeds include sales taxes of
Question:
Becky Sherrick Company has total proceeds from sales of $4,515. If the proceeds include sales taxes of 5%, the amount to be credited to Sales Revenue is:
(a) $4,000.
(b) $4,300.
(c) $4,289.25.
(d) No correct answer given.
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b Dividing the total proceeds 4515 by one ...View the full answer
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Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
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Related Book For
Financial Accounting
ISBN: 9781119298229,9781119305842
10th Edition
Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel
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