1. A laptop has a listed price of $895.95 before tax,If the sales rate is 7.75% find the total cost cost with sales cost included.
2. Andrew bought tacos and left 25% tip at $2 What was the price of the taco.
3. Seminole company began the year with 29500 units of product in its jan 1 inventoftory costing $16.90 each The company uses a periodic inventory system. On Dec 31 a physical count reveals that 54 000 units remain in the inventory. What is revenue and inventory amount at the end of the year.
4. If total liabilities increased by $15000 and owner's equity increased by $5,000 during a period of time then total assets must change by what amount and direction during that same period?
5. Why are wages reported as an expense when the work occurs but the employees tax recorded report them when they are paid
6. What does it mean to recognize an expense
7. What does it mean to amortize the premium, discount and issue costs on bonds payable
8. What is the employers social security tax rate for 2020 and 2021
9. Describe the statement of comprehensive income?
10. What is the units of activity depreciation

Answer rating: 100% (QA)

1 Calculating the total cost with sales tax Given Laptop price 89595 Sales tax rate 775 Sales tax 89595 00775 6946 Total cost 89595 6946 96541 2 Calcu... View the full answer