Question
Company X made credit sales of $125,000 that included a 2% sales tax. What is the amount of sales revenue recorded by the company from
Company X made credit sales of $125,000 that included a 2% sales tax. What is the amount of sales revenue recorded by the company from this transaction?
Group of answer choices
$125,000
$2,500
$122,549
$2,451
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Accounting
Authors: Carl S Warren, James M Reeve, Jonathan Duchac
24th Edition
0538475005, 9780538475006
