Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 25, 2024

8 National Company has total proceeds from sales of $9,030. If the proceeds include sales taxes of 5%, the amount to be credited to Sales

image text in transcribed

National Company has total proceeds from sales of $9,030. If the proceeds include sales taxes of 5%, the amount to be credited to Sales is: a. $8,578.5 O b. $8,600 C. $8,000 O d. $9,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Solitary Auditor

Authors: Michael Knapp

1st Edition

161163878X, 978-1611638783

More Books

Students also viewed these Accounting questions

Question

★★★★★

The COP of the gas air-conditioning cycle of Problem 10.7 is nearest: (a) 0.29 (b) 1.05 (c) 1.34 (d) 1.98 Heat exchange| | 100 C Gas net comD Turbine o C 80 kPa Heat exchanger

Answered: 1 week ago

Question

★★★★★

How willing and capable are our middle managers in building an effective work unit climate? What type of support/ tool/programme will help this group do this?

Answered: 1 week ago

Question

★★★★★

93. What condition on a and b is necessary for the standard beta pdf to be symmetric?

Answered: 1 week ago

Question

★★★★★

Using the chain ratio method described in Appendix 2, estimate the market potential for the Fisker Karma sports car. Search the Internet for reasonable numbers to represent the factors you identified...

Answered: 1 week ago

Question

★★★★★

Amico Corp. uses the periodic method. The company has the following information for 2021: Sales $100,000 Beginning inventory $12,000 Ending inventory $16,500 Purchases $70,000 Freight-in $2,200 Gross...

Answered: 1 week ago

Question

★★★★★

1. In QuickBooks Online, information about transactions can be entered in onscreen forms, such as: A. Check B. Invoice C. Purchase Order D. A ll of these choices are correct. 2. Which of the...

Answered: 1 week ago

Question

★★★★★

The VIF for Engine Size found for the Full Model is 6.5147. This VIF is calculated based on an R-squared value from another model. This R-squared value is 0.846501. The resulting VIF is1/(1-0.846501)...

Answered: 1 week ago

Question

★★★★★

Quick Stop Fashion House produces "fast fashion" clothes that represent the current fad. In the foreign environment, this type of product is considered highly sensitive. O sensitive. O insensitive. O...

Answered: 1 week ago

Question

★★★★★

"Bathworks Company wants to estimate its ending inventory based on the following data: beginning inventory of $70,000, net sales revenue of $195,000, purchases of $140,000, and a normal gross margin...

Answered: 1 week ago

Question

★★★★★

what were behind the sad and beautiful stories of these establishments? when one fails in business, what was missing? what went wrong? when one succeeds, what are the trade secrets?

Answered: 1 week ago

Question

★★★★★

You are in the role of a hacker trying to break down a hash table. The information collected so far indicates the hash table uses Quadratic Probing with h(k, i) = ((k+12) mod m) for collision...

Answered: 1 week ago

Question

★★★★★

Th ey have to wait a long time for an appointment?

Answered: 1 week ago

Question

★★★★★

5.3 Using the uniform probability density function shown in Figure 5.7, find the probability that the random variable X is less than 1.4.

Answered: 1 week ago

Question

★★★★★

What specifi c friendliness behaviors can help broaden your customers tolerance zones?

Answered: 1 week ago

Previous Question Next Question