Question
2. (2 points) Donna is a retail store that operates in a locale where the state sales tax is 7% and the county sales
2. (2 points) Donna is a retail store that operates in a locale where the state sales tax is 7% and the county sales tax is 3%. Both the state and the county require Donna to remit sales tax collections in the month following the sale. The state allows Donna to keep 1% of the sales tax it collects while the county requires Donna to remit 100% of the sales tax it collects. Donna records the sales tax that it collects in its sales revenue account. The amount recorded in Donna's sales revenue account during March was $660,000. Donna prepares monthly financial statements. For the month of March, what was Donna's sales revenues amount?
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