Question
A Company recorded cash sales of $621,000 during December. This amount includes 8% sales tax that must be remitted to the state by the 15th
A Company recorded cash sales of $621,000 during December. This amount includes 8% sales tax that must be remitted to the state by the 15th of the following month. The sales tax payable amounts to
a. $49,680
b. $575,000
c. $46,000
d. $609,000
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Payroll Accounting 20
Authors: Bernard J. Bieg, Judith A. Toland
26th Edition
1337268798, 9781337268790
