Alexis Company has total proceeds from sales of $4,515. If the proceeds include sales taxes of 5%,

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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.

(b) $4,300.

(c) $4,289.25.

(d) The correct answer is not given.

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Accounting Tools For Business Decision Making

ISBN: 9781118771112

5th Edition

Authors: Kimmel, Wetlands, Kieso

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Question Posted: Sep 19, 2024 04:01 AM

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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. (b) $4,300. (c) $4,289.25. (d) The...
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Alexis Company has total proceeds from sales of $4,515. If the proceeds include sales taxes of 5%,

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Accounting Tools For Business Decision Making

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