Reeves Company has total proceeds from sales of ($ 4,515). If the proceeds include sales taxes of
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Reeves Company has total proceeds from sales of \(\$ 4,515\). If the proceeds include sales taxes of \(5 \%\), what is the amount to be credited to Sales?
(a) \(\$ 4,000\)
(b) \(\$ 4,300\)
(c) \(\$ 4,289.25\)
(d) The correct answer is not given.
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471169192
1st Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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