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Accounting question. please help. Walter sells goods to Ninevah with a list price (exclusive of sales tax) of $4,300, offering a 4% trade discount. Sales
Accounting question. please help.
Walter sells goods to Ninevah with a list price (exclusive of sales tax) of $4,300, offering a 4% trade discount. Sales tax is 17.5%.
What amount should be recorded for this transaction in the sales account (to the nearest $1)?
| $3,513 | |
| $4,128 | |
| $4,850 | |
| $5,053 |
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