Question: Multiple Choice Question 100 Vaughn Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep 2%

 Multiple Choice Question 100 Vaughn Co. is a retail store operating

Multiple Choice Question 100 Vaughn Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep 2% of the sales tax collected. Vaughn Co. records the sales tax in the Sales Revenue account. The amount recorded in the Sales Revenue account during May was $747930. The amount of sales taxes (to the nearest dollar) for May is O $ 61866. O $ 48930. O $ 52356. $ 67473

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