Alexis Company has total proceeds from sales of ($ 4,515). If the proceeds include sales taxes of
Question:
Alexis 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 Revenue?
(a) \(\$ 4,000\).
(c) \(\$ 4,289.25\).
(b) \(\$ 4,300\).
(d) The correct answer is not given.
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Related Book For 
Financial Accounting Tools For Business Decision Making
ISBN: 9781119316022
8th Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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