Given the following information: Gross sales $1,500,000 Items purchased from out of state vendors $20,000 Items purchased
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Given the following information: Gross sales $1,500,000 Items purchased from out of state vendors $20,000 Items purchased under certificate of resale but used $5,000 Food sales included in gross sales $300,000 Sales to federal government included in gross $25,000 Sales to non-profit organizations included in gross $10,000 Sales to governments outside of Tennessee included in gross $12,000 Local tax rate Knox County Amount subject to single article tax $16,000 What is the single article tax?
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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