Question
Graham Company sold goods for which it received total cash payments of $285,200. A 9% excise tax and a 6% sales tax were included in
Graham Company sold goods for which it received total cash payments of $285,200. A 9% excise tax and a 6% sales tax were included in the total cash payments. Sales revenue recorded should be:
Select one:
A. $259,532
B. $268,088
C. $248,000 
D. $242,420
How can I get the answer? please mention it in detail
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CISA Exam Prep Certified Information Systems Auditor Your Complete Certification Solution
Authors: Michael Gregg
2nd Edition
0789735733, 978-0789735737
